Simpson Thacher & Bartlett: Reinsurance Group of America Completes $400 Million Senior Notes Offering

WASHINGTON, June 15 -- Simpson Thacher and Bartlett, a law firm, issued the following news:

The Firm represented the underwriters, led by J.P. Morgan Securities LLC, BofA Securities, Inc. and U.S. Bancorp Investments, Inc., in connection with a registered offering by Reinsurance Group of America, Incorporated ("RGA") of $400 million aggregate principal amount of 6% Senior Notes due 2033. RGA intends to use the net proceeds of the notes offering to repay, upon maturity, their $400 million 4.7% senior notes that mature on September 15, 2023.

RGA is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital. Founded in 1973, RGA is one of the world's largest and most respected reinsurers and is guided by a fundamental purpose: to make financial protection accessible to all.

RGA is widely recognized for superior risk management and underwriting expertise, innovative product design, and dedicated client focus. RGA serves clients and partners in key markets around the world and has approximately $3.4 trillion of life reinsurance in force and assets of $89.1 billion as of March 31, 2023.

The Simpson Thacher team included Lesley Peng and Ben Pittenger (Capital Markets); Jonathan Cantor and Kris Liu (Tax); Jeanne Annarumma and Pasco Struhs (Executive Compensation and Employee Benefits); Steven DeLott (Insurance); and Andrew Pagliughi (FINRA and Blue Sky). Rachel Lerman also provided valuable assistance.

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