MetLife Announces Distribution Amounts on Common Equity Units Following Successful Remarketing
November 28 2012 - 5:14PM
Business Wire
MetLife, Inc. (NYSE: MET) announced today the new distribution
amounts for its Common Equity Units (NYSE: MLU) following the
completion of its successful remarketing, on October 4, 2012, of
$500 million aggregate principal amount of its 1.756% Series C
Senior Component Debentures, Tranche 1 and $500 million aggregate
principal amount of its 3.048% Series C Senior Component
Debentures, Tranche 2.
On the quarterly distribution dates for the Common Equity Units
from, and including, December 15, 2012 to, but excluding, the
quarterly distribution date following a successful remarketing of
the Series D Senior Debentures due 2024 forming part of the Common
Equity Units, holders of record will be entitled to receive $0.6250
per Common Equity Unit held. The holders of record entitled to
receive these distributions will be holders of the Common Equity
Units as of the 1st day of the month of such quarterly distribution
date. Therefore holders of record of the Common Equity Units on
December 1, 2012 will be entitled to receive a distribution of
$0.625 per Common Equity Unit on December 15, 2012.
MetLife, Inc. is a leading global provider of insurance,
annuities and employee benefit programs, serving 90 million
customers. Through its subsidiaries and affiliates, MetLife holds
leading market positions in the United States, Japan, Latin
America, Asia, Europe and the Middle East. For more information,
visit www.metlife.com.
This press release may contain or incorporate by reference
information that includes or is based upon forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements give expectations or
forecasts of future events. These statements can be identified by
the fact that they do not relate strictly to historical or current
facts. They use words such as “anticipate,” “estimate,” “expect,”
“project,” “intend,” “plan,” “believe” and other words and terms of
similar meaning in connection with a discussion of future operating
or financial performance. In particular, these include statements
relating to future actions, prospective services or products,
future performance or results of current and anticipated services
or products, sales efforts, expenses, the outcome of contingencies
such as legal proceedings, trends in operations and financial
results.
Any or all forward-looking statements may turn out to be wrong.
They can be affected by inaccurate assumptions or by known or
unknown risks and uncertainties. Many such factors will be
important in determining the actual future results of MetLife,
Inc., its subsidiaries and affiliates. These statements are based
on current expectations and the current economic environment. They
involve a number of risks and uncertainties that are difficult to
predict. These statements are not guarantees of future performance.
Actual results could differ materially from those expressed or
implied in the forward-looking statements. Risks, uncertainties,
and other factors that might cause such differences include the
risks, uncertainties and other factors identified in MetLife,
Inc.’s most recent Annual Report on Form 10-K (the “Annual Report”)
filed with the U.S. Securities and Exchange Commission (the “SEC”),
Quarterly Reports on Form 10-Q filed by MetLife, Inc. with the SEC
after the date of the Annual Report under the captions “Note
Regarding Forward-Looking Statements” and “Risk Factors,” and other
filings MetLife, Inc. makes with the SEC. MetLife, Inc. does not
undertake any obligation to publicly correct or update any
forward-looking statement if we later become aware that such
statement is not likely to be achieved. Please consult any further
disclosures MetLife, Inc. makes on related subjects in reports to
the SEC.
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