Item 8.01 Other Events.
On November 10, 2022, Reinsurance Group of America, Incorporated (the "Company")
issued a press release announcing that notice of redemption will be issued to
the holders of all of the Company's outstanding 6.20% Fixed-to-Floating Rate
Subordinated Debentures due 2042 (the "2042 Debentures") in accordance with the
terms of the indenture governing the 2042 Debentures. The 2042 Debentures will
be redeemed in full on December 15, 2022 (the "Redemption Date") at a redemption
price equal to 100% of the principal amount thereof, plus accrued and unpaid
interest thereon, to, but excluding, the Redemption Date. The notice of
redemption will be delivered to holders of the 2042 Debentures at the Company's
direction by The Bank of New York Mellon Trust Company, N.A., as trustee,
located at 240 Greenwich St., New York, NY 10286.
As of November 10, 2022, approximately $249 million aggregate principal amount
of the 2042 Debentures is outstanding, following the Company's previously
announced cash tender offer for any and all of its outstanding $400,000,000
aggregate principal amount of 2042 Debentures, made pursuant to an Offer to
Purchase dated as of September 15, 2022 (the "Offer to Purchase"). On
September 23, 2022, following the Expiration Time (as defined in the Offer to
Purchase), the Company accepted for purchase and settled 2042 Debentures in an
aggregate principal amount of approximately $151 million.
A copy of the Company's press release is attached as Exhibit 99.1 to this
Current Report on Form 8-K and is incorporated herein by reference. The
information contained in Item 8.01 of this Current Report on Form 8-K and the
press release attached hereto as Exhibit 99.1 are for informational purposes
only and do not constitute a notice of redemption of the 2042 Debentures.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following documents are filed as exhibits to this report:
99.1 Press Release, dated November 10, 2022
EX-104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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