Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
REINSURANCE GROUP OF AMERICA INC incurred revolving credit of $850 million with Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer; JPMorgan Chase Bank, N.A., U.S. Bank National Association and Wells Fargo Bank, National Association as Joint Syndication Agents and Joint Bookrunners at base rate or benchmark rate plus applicable margin maturing five years after the Closing Date.
- Instrument
- revolving credit
- Principal
- $850 million
- Counterparty
- Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer; JPMorgan Chase Bank, N.A., U.S. Bank National Association and Wells Fargo Bank, National Association as Joint Syndication Agents and Joint Bookrunners
- Rate
- base rate or benchmark rate plus applicable margin
- Maturity
- five years after the Closing Date
- Event
- incurrence
Exact text from the filing
On March 13, 2023 (the “Closing Date”), Reinsurance Group of America, Incorporated (the “Company”) entered into a new revolving credit agreement (the “Credit Agreement”) with Bank of America, N.A., as Administrative Agent (the “Administrative Agent”), Swing Line Lender and L/C Issuer; JPMorgan Chase Bank, N.A., U.S. Bank National Association and Wells Fargo Bank, National Association as Joint Syndication Agents and Joint Bookrunners; a group of lenders named therein (collectively, the “Lenders”) and other parties thereto. Under the Credit Agreement, the Company may borrow and may obtain letters of credit for general corporate purposes for its own account or the account of its subsidiaries, in each case, in United States Dollars, British Sterling, Canadian Dollars, Euro, Hong Kong Dollars and Japanese Yen with an overall credit facility amount of up to $850 million.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
REINSURANCE GROUP OF AMERICA INC entered into Credit Agreement with Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer; JPMorgan Chase Bank, N.A., U.S. Bank National Association and Wells Fargo Bank, National Association as Joint Syndication Agents and Joint Bookrunners; a group of lenders named therein valued at $850 million (effective 2023-03-13).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer; JPMorgan Chase Bank, N.A., U.S. Bank National Association and Wells Fargo Bank, National Association as Joint Syndication Agents and Joint Bookrunners; a group of lenders named therein
- Value
- $850 million
- Effective
- 2023-03-13
Exact text from the filing
On March 13, 2023 (the “Closing Date”), Reinsurance Group of America, Incorporated (the “Company”) entered into a new revolving credit agreement (the “Credit Agreement”) with Bank of America, N.A., as Administrative Agent (the “Administrative Agent”), Swing Line Lender and L/C Issuer; JPMorgan Chase Bank, N.A., U.S. Bank National Association and Wells Fargo Bank, National Association as Joint Syndication Agents and Joint Bookrunners; a group of lenders named therein (collectively, the “Lenders”) and other parties thereto.
View on SEC.gov