Issuer Free Writing Prospectus, dated March 6, 2007
Filed pursuant to Rule 433(d) under the Securities Act of 1933
Supplementing the Preliminary Prospectus Supplement, dated March 6, 2007
Registration Statement Nos. 333-131761, 333-131761-01 and 333-131761-02
March 6, 2007
Reinsurance Group of America, Incorporated
$300,000,000 5.625% SENIOR NOTES DUE 2017
FINAL TERMS AND CONDITIONS
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Issuer: |
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Reinsurance Group of America, Incorporated |
Size: |
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$300,000,000 |
Maturity: |
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March 15, 2017 |
Coupon: |
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5.625% |
Public Offering Price: |
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99.087% of face amount |
Underwriting Commissions: |
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.650% |
Yield to Maturity: |
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5.746% |
Spread to Benchmark Treasury: |
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+122 basis points |
Benchmark Treasury: |
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4.625% due February 15, 2017 |
Benchmark Treasury Yield: |
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4.526% |
Selling Concession: |
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.400% |
Reallowance: |
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.250% |
Interest Payment Date: |
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March 15 and September 15, commencing September 15, 2007 |
Make-whole call: |
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At any time at a discount rate of Treasury plus 20 basis points |
Settlement: |
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March 9, 2007 |
CUSIP/ISIN: |
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759351 AF6/ US759351AF66 |
Ratings (Moody’s/S&P/A.M. Best)*: |
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Baa1/A-/a- |
Joint Bookrunners: |
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UBS Securities LLC and Credit Suisse Securities (USA) LLC |
Co-Managers: |
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ABN AMRO Incorporated and Wachovia Capital Markets, LLC |
Allocations: |
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Principal Amount |
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UBS Securities LLC |
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$ |
150,000,000 |
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Credit Suisse Securities (USA) LLC |
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$ |
90,000,000 |
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ABN AMRO Incorporated |
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$ |
30,000,000 |
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Wachovia Capital Markets, LLC |
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$ |
30,000,000 |
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Total |
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$ |
300,000,000 |
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*An explanation of the significance of ratings may be obtained from the rating agencies. Generally,
rating agencies base their ratings on such material and information, and such of their own
investigations, studies and assumptions, as they deem appropriate. The rating of the notes should
be evaluated independently from similar ratings of other securities. A credit rating of a security
is not a recommendation to buy, sell or hold securities and may be subject to review, revision,
suspension, reduction or withdrawal at any time by the assigning rating agency.
The issuer has filed a registration statement (including a prospectus, which consists of a
Preliminary Prospectus Supplement dated March 6, 2007 and an attached prospectus dated February 10,
2006) with the SEC for the offering to which this communication relates. Before you invest, you
should read the prospectus in that registration statement and other documents the issuer has filed
with the SEC for more complete information about the issuer and this offering. You may get these
documents for free by visiting EDGAR on the SEC’s Website at www.sec.gov. Alternatively, the
issuer, any underwriter or any dealer participating in the offering will arrange to send you the
prospectus if you request it by calling UBS Securities LLC toll-free at 1-888-722-9555, Ext. 1088,
or by calling Credit Suisse Securities (USA) LLC, toll free at 1-800-221-1037.
Any disclaimers or other notices that may appear below are not applicable to this communication and
should be disregarded. Such disclaimers or other notices were automatically generated as a result
of this communication being sent via Bloomberg or another email system.