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RGA to redeem $400 million subordinated debentures due 2056

May 1, 2026 4:06 PM

Reinsurance Group of America (NYSE: RGA) announced it will redeem all outstanding $400 million of its 5.75% Fixed-to-Floating Rate Subordinated Debentures due 2056 on June 15, 2026.

The debentures, which trade on the New York Stock Exchange under the symbol "RZB," will be redeemed at 100% of their outstanding principal amount plus accrued and unpaid interest through the redemption date. Interest on the securities will cease to accrue as of the redemption date.

The Bank of New York Mellon Trust Company will serve as trustee and deliver the formal notice of redemption to debenture holders. The securities have CUSIP number 759351 802 and ISIN US7593518027.

RGA stated that this press release does not constitute a formal notice of redemption, with terms and conditions to be detailed in the official notice distributed by the trustee under the governing indenture.

The St. Louis-based reinsurer reported approximately $4.3 trillion of life reinsurance in force and total assets of $156.6 billion as of December 31, 2025, according to the company statement.

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