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 credit facility of up to $500 million with Crédit Agricole Corporate and Investment Bank at 0.40% to 1.20% maturing November 13, 2028.
- Instrument
- credit facility
- Principal
- up to $500 million
- Counterparty
- Crédit Agricole Corporate and Investment Bank
- Rate
- 0.40% to 1.20%
- Maturity
- November 13, 2028
- Event
- incurrence
Exact text from the filing
Reinsurance Group of America, Incorporated (“RGA”) entered into a Letter of Credit Reimbursement Agreement (the “Agreement”) with Crédit Agricole Corporate and Investment Bank, as lender (the “Lender”). Under the Agreement, RGA may obtain letters of credit for its own account or the account of its wholly-owned subsidiaries in United States Dollars, Euros, British Pound Sterling, Japanese Yen, Hong Kong Dollars or Canadian Dollars in an overall amount of up to $500 million (as such amount may be changed from time to time as provided in the Agreement, the “Commitment”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
REINSURANCE GROUP OF AMERICA INC terminated Letter of Credit Reimbursement Agreement, dated May 17, 2017 with Crédit Agricole Corporate and Investment Bank (effective 2023-11-13).
- Action
- termination
- Agreement
- credit facility
- Counterparty
- Crédit Agricole Corporate and Investment Bank
- Effective
- 2023-11-13
Exact text from the filing
The Agreement replaces that certain Letter of Credit Reimbursement Agreement, dated May 17, 2017, between RGA and the Lender (as amended, the “Prior Agreement”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
REINSURANCE GROUP OF AMERICA INC entered into Letter of Credit Reimbursement Agreement with Crédit Agricole Corporate and Investment Bank valued at $500 million (effective 2023-11-13).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Crédit Agricole Corporate and Investment Bank
- Value
- $500 million
- Effective
- 2023-11-13
Exact text from the filing
On November 13, 2023, Reinsurance Group of America, Incorporated (“RGA”) entered into a Letter of Credit Reimbursement Agreement (the “Agreement”) with Crédit Agricole Corporate and Investment Bank, as lender (the “Lender”).
View on SEC.gov