MetLife said it will redeem all of the outstanding Senior Notes due December 9, 2024 bearing 5.375% interest, in full on March 12, 2024. The redeemed amount is the full outstanding principal of £350 million.

1. 01

   MetLife said it will redeem all of the outstanding Senior Notes due December 9, 2024 bearing 5.375% interest, in full on March 12, 2024. The redeemed amount is the full outstanding principal of £350 million.

2. 02

   MetLife said it will redeem the full £350 million outstanding principal amount of its 5.375% Senior Notes on April 11, 2024. The company also said that interest on the Notes will not accrue after the redemption date.

3. 03

   The company said the redemption price will be set by the calculation agent as the price at which the yield on the Notes as of March 11, 2024 equals the yield on the Benchmark Gilt (5% U.K. government Treasury Stock due March 7, 2025), plus accrued and unpaid interest.

4. 04

   The company said the Notes are held through Clearstream and Euroclear and will be redeemed under their procedures, with payments made through The Bank of New York Mellon as London Paying Agent. It also said this Form 8-K is not a notice of redemption.

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