secwatch.observer — SEC 8-K summary
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Issuer:     METROPOLITAN LIFE INSURANCE CO (—)
CIK:        0000937834
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001193125-23-139532
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MetLife entities amend credit facility to $3B committed, maturing in 2028
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- Amended and restated credit agreement provides $3B committed borrowing capacity, expandable to $4B if no default.
- Final maturity date for borrowings is May 8, 2028; letters of credit may extend to May 8, 2029.
- Facility supports general corporate purposes, including backstopping commercial paper and variable annuity reserve requirements.
- Lenders include Bank of America (administrative agent), JPMorgan Chase, and Wells Fargo as co-syndication agents.
- Contains customary representations, warranties, and covenants; acceleration upon uncured event of default.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/937834/000119312523139532/0001193125-23-139532-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/937834/000119312523139532/d314946d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-139532

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