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 1 st 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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV