Reinsurance Group of America 6.20% Fix to Float Rated Subordinated Debentures
By: Tim McPartland,
S&P Rating BBB Moodys Baa2
Security Ticker Symbol RZA
Market Traded ON NYSE
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Interest Payment Paid on the 15th of March, June, September and December beginning on 12/15/2012
Quarterly Interest .388 Annual Interest 1.55
Securities may be redeemed, at the issuers option, as early as 09/15/2022 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be Qualified Distributions. Payments are interest (not dividends) thus they do not qualify for preferential tax rates.
Maturity Date 09/15/2042
Company Investor Relations Page for Reinsurance Group of America
Click Here for the offering Prospectus and or final pricing documents
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Tim McPartland
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
