New Issue-RGA sells $400 mln in 10-yr notes

Tue Nov 3, 2009 4:57pm EST 

  Nov 3 (Reuters) - Reinsurance Group of America (RGA.N) on
Tuesday sold $400 million of notes, said IFR, a Thomson Reuters
service.
  The size of the deal was increased from an originally
planned $300 million.
  Barclays and UBS were the join bookrunning managers for
the sale.
BORROWER: REINSURANCE GROUP OF AMERICA
AMT $400 MLN      COUPON 6.45 PCT     MATURITY 11/15/2019
TYPE NOTES        ISS PRICE 99.83     FIRST PAY 5/15/2010
MOODY'S Baa1      YIELD 6.473 PCT     SETTLEMENT 11/6/2009
S&P A-MINUS       SPREAD 300 BPS      PAY FREQ SEMI-ANNUAL
FITCH BBB-PLUS     MORE THAN TREAS    MAKE-WHOLE CALL 45 BPS
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