Business Wire·Feb 24, 2026, 6:23 PM ET

Reinsurance Group of America Announces Pricing of Subordinated Debentures

Reinsurance Group of America (RGA) priced $400,000,000 of 6.375% Fixed-Rate Reset Subordinated Debentures due 2056.
The 2056 Debentures feature a maturity date of September 15, 2056, an issue price of 100.000%, & semiannual interest payments.
RGA expects to complete the underwritten public offering on March 3, 2026, subject to customary closing conditions.
Net proceeds from the Offering will be used for general corporate purposes, including potential debt refinancing.
BofA Securities, J.P. Morgan, U.S. Bancorp Investments, & Wells Fargo Securities serve as joint book-running managers.
Barclays Capital, RBC Capital Markets, & SMBC Nikko Securities America serve as co-managers for the transaction.
The Offering is conducted via a prospectus supplement filed with the SEC under an effective shelf registration statement.
Copies of the final prospectus supplement & base prospectus will be available on the SEC website & from participating underwriters.
RGA is a global life & health reinsurer with approximately $4.3 trillion of life reinsurance in force & $156.6 billion in total assets as of December 31, 2025.