REINSURANCE GROUP OF AMERICA INC 8-K

What Happened

• Reinsurance Group of America, Incorporated (RGA) announced on May 1, 2026 that it will issue a notice of redemption for all outstanding $400 million aggregate principal amount of its 5.75% Fixed-to-Floating Rate Subordinated Debentures due 2056 (the “2056 Debentures,” NYSE: RZB).
• The 2056 Debentures will be redeemed in full on June 15, 2026 at a redemption price equal to 100% of principal plus accrued and unpaid interest to, but excluding, the Redemption Date. Interest will cease to accrue as of the Redemption Date. The notice of redemption will be delivered by The Bank of New York Mellon Trust Company, N.A., as trustee. A press release was attached as Exhibit 99.1 to the Form 8-K.

Key Details

• Principal amount: $400,000,000 of 5.75% Fixed-to-Floating Rate Subordinated Debentures due 2056.
• Redemption date: June 15, 2026. Redemption price: 100% of principal plus accrued and unpaid interest to (but excluding) the Redemption Date.
• Security listing: Debentures trade on the NYSE under symbol "RZB."
• Trustee handling notice: The Bank of New York Mellon Trust Company, N.A. (240 Greenwich St., New York, NY 10286).

Why It Matters

• For holders: Bondholders will receive full principal plus accrued interest and will stop receiving interest payments after June 15, 2026.
• For RGA and investors: The redemption will eliminate $400 million of subordinated debt from RGA’s capital structure. The filing does not discuss how the redemption will be funded or whether the debt will be refinanced.