Qualified Reopening definition
Qualified Reopening. The offering of the Debentures is expected to qualify as a “qualified reopening” of the Existing Debentures under the United States Treasury Regulations. See “Certain United States Federal Income Tax Consequences” in the Preliminary Prospectus Supplement dated October 15, 2025
Qualified Reopening. The offering of the Bonds is expected to qualify as a “qualified reopening” of the Existing Bonds under the United States Treasury Regulations. See “Certain United States Federal Income Tax Consequences” in the Preliminary Prospectus
Qualified Reopening. This offering of Senior Secured Notes is expected to qualify as a “qualified reopening” under U.S. Treasury regulations of the 4.15% Senior Secured Notes due 2046 issued on December 14, 2015 CUSIP / ISIN: ▇▇▇▇▇▇▇▇▇ / US02361DAQ34 Joint Bookrunners: ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated Mizuho Securities USA Inc. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. LLC SunTrust ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Inc. TD Securities (USA) LLC Co-Managers: ▇▇▇▇▇▇▇, ▇▇▇▇▇ & Co. KeyBanc Capital Markets Inc. SMBC Nikko Securities America, Inc. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, LLC The ▇▇▇▇▇▇▇▇ Capital Group, L.P. The terms “release date” and “Adjusted Treasury Rate” have the meanings ascribed to those terms in the Issuer’s Preliminary Prospectus Supplement, dated November 29, 2016. * A security rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating is subject to revision or withdrawal at any time by the assigning rating organization. ** The Issuer expects to deliver the Senior Secured Notes against payment for the Senior Secured Notes on or about the Settlement Date specified above, which will be the fifth business day following the date hereof. Under Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in three business days, unless the parties to a trade expressly agree otherwise. Accordingly, purchasers who wish to trade Senior Secured Notes on the date hereof or the next succeeding business day will be required, by virtue of the fact that the Senior Secured Notes are expected to initially settle in T+5, to specify alternative settlement arrangements to prevent a failed settlement. A) Issuer Free Writing Prospectuses To Be Included As Time of Sale Information: Pricing Term Sheet dated November 29, 2016
Examples of Qualified Reopening in a sentence
METLIFE, INC., as Issuer By: /s/ ▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇ Title: Executive Vice President and Treasurer THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President [MetLife Qualified Reopening 2024 Senior Notes – Forty-Seventh Supplemental Indenture] No. [•] CUSIP No.: ▇▇▇▇▇▇▇▇▇ ISIN No.: US59156RCN61 METLIFE, INC.
CUSIP: 48020U AA6 ISIN: US48020UAA60 Distribution: SEC Registered (Registration No. 333-166566) Listing: None Qualified Reopening: The offering of the Notes is expected to qualify as a “qualified reopening” of the existing Notes under the United States Treasury Regulations.
More Definitions of Qualified Reopening
Qualified Reopening. The offering of the Notes is expected to qualify as a “qualified reopening” of the Existing Notes under the United States Treasury Regulations. See “Certain United States Federal Income Tax Consequences” in the Preliminary Prospectus Supplement dated October 2, 2017.
Qualified Reopening. The New 2035 Notes offered hereby constitute a further issuance of the 5.500% Senior Notes due 2035, of which $500,000,000 aggregate principal amount was issued on February 6, 2025 (the “Existing 2035 Notes”). The New 2035 Notes will form a single series with the Existing 2035 Notes and will have the same terms other than the initial offering price. Immediately upon settlement, the New 2035 Notes offered hereby will have the same CUSIP number and will trade interchangeably with the Existing 2035 Notes. Upon completion of this offering, an aggregate $700,000,000 of 5.500% Senior Notes due 2035 will be outstanding. The New 2054 Notes offered hereby constitute a further issuance of the 6.050% Senior Notes due 2054, of which $400,000,000 aggregate principal amount was issued on June 5, 2024 (the “Existing 2054 Notes”). On February 6, 2025, the Company offered an additional $300,000,000 aggregate principal amounts of the Existing 2054 Notes pursuant to the Indenture in a qualified reopening. The New 2054 Notes will form a single series with the Existing 2054 Notes and will have the same terms other than the initial offering price. Immediately upon settlement, the New 2054 Notes offered hereby will have the same CUSIP number and will trade interchangeably with the Existing 2054 Notes. Upon completion of this offering, an aggregate $900,000,000 of 6.050% Senior Notes due 2054 will be outstanding. Size: $200,000,000 $200,000,000 Maturity Date: June 15, 2035 June 5, 2054 Coupon: 5.500% 6.050% Interest Payment Dates: June 15 and December 15, commencing December 15, 2025 June 5 and December 5, commencing December 5, 2025 Benchmark Treasury: UST 4.250% due August 15, 2035 UST 4.750% due May 15, 2055 Benchmark Treasury Price and Yield: 102-11+ / 3.957% 103-12 / 4.541% Spread to Benchmark Treasury: +105 basis points +115 basis points Re-Offer Yield: 5.007% 5.691% Price to Investors1: 103.656% 104.998% 1 Without giving effect to (a) $3,941,666.67 in accrued interest that must be paid to the purchasers of the Existing 2035 Notes from June 15, 2025 to, but excluding, the issuance date and (b) $4,671,944.44 in accrued interest that must be paid to the purchasers of the Existing 2054 Notes from June 5, 2025 to, but excluding, the issuance date.
Qualified Reopening within the meaning of Treasury Regulation Section 1.1275-2(k)(3).