S&P issues rating for RGA registration
Standard & Poor's (S&P) said today that it assigned its preliminary 'A-' senior unsecured debt, 'BBB+' subordinated debt, and 'BBB' preferred stock ratings to the $1bn universal shelf registration filed by Reinsurance Group of America (RGA).
Under the terms of the shelf, RGA is eligible to issue debt securities, preferred stock, depositary shares, common stock, warrants, purchase contracts, and units. The new $1bn shelf registrationOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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