---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-134988"
form_type: "8-K"
ticker: "RGA"
cik: "0000898174"
company_name: "REINSURANCE GROUP OF AMERICA INC"
filed_at: "2025-06-04T23:59:59+00:00"
generated_at: "2026-05-20T00:42:20.081493+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# RGA sets up $1B contingent liquidity facility via trust, 6.722% Senior Notes due 2055

## Summary
- 1M Pre-Capitalized Trust Securities issued for $1B by Omnis Funding Trust on June 4, 2025.
- Trust invested proceeds in U.S. Treasury strips; Company gets right to issue up to $1B of 6.722% Senior Notes due 2055.
- Semi-annual facility fee of 1.789% on unexercised portion; automatic exercise triggers include payment defaults and bankruptcy.
- Required exercise triggers include consolidated net worth (GAAP excl. AOCI) falling below $2B.
- Company can redeem Senior Notes at any time; redemption proceeds used to redeem P-Caps.

## SEC filing metadata
- accession: 0001193125-25-134988
- form_type: 8-K
- ticker: RGA
- cik: 0000898174
- company_name: REINSURANCE GROUP OF AMERICA INC
- filed_at: 2025-06-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/898174/000119312525134988/0001193125-25-134988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/898174/000119312525134988/d22331d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-134988
- JSON: https://secwatch.observer/filing/0001193125-25-134988.json
- Plain text: https://secwatch.observer/filing/0001193125-25-134988.txt

## Key facts
- Debt Financings
  REINSURANCE GROUP OF AMERICA INC incurred senior notes of up to $1 billion with Omnis Funding Trust at 6.722% maturing due 2055.
  - Instrument: senior notes
  - Principal: up to $1 billion
  - Counterparty: Omnis Funding Trust
  - Rate: 6.722%
  - Maturity: due 2055
  - Event: incurrence
  source text: On June 4, 2025 (the “Closing Date”), pursuant to the Purchase Agreement among Reinsurance Group of America, Incorporated (the “Company”), Omnis Funding Trust, a Delaware statutory trust (the “Trust”), and TD Securities (USA) LLC, BofA Securities, Inc., J.P.
  evidence_url: https://www.sec.gov/Archives/edgar/data/898174/000119312525134988/0001193125-25-134988-index.htm
- Debt Financings
  REINSURANCE GROUP OF AMERICA INC incurred debt of $1 billion with Omnis Funding Trust maturing May 15, 2055.
  - Principal: $1 billion
  - Counterparty: Omnis Funding Trust
  - Maturity: May 15, 2055
  - Event: incurrence
  source text: On June 4, 2025 (the “Closing Date”), pursuant to the Purchase Agreement among Reinsurance Group of America, Incorporated (the “Company”), Omnis Funding Trust, a Delaware statutory trust (the “Trust”), and TD Securities (USA) LLC, BofA Securities, Inc., J.P.
  evidence_url: https://www.sec.gov/Archives/edgar/data/898174/000119312525134988/0001193125-25-134988-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.