Close Close
ThinkAdvisor

Life Health > Life Insurance

MetLife Registers To Raise $11 Billion

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, April 28, 2005, 9:32 a.m. EDT

MetLife Inc. has filed a form with the U.S. Securities and Exchange Commission that could give it the ability to raise as much as $11 billion by selling stock and bonds.[@@]

The New York financial services company says the form, a shelf registration statement, includes $3.9 billion in capacity remaining from an earlier shelf registration statement.

Details about any offerings will come out when MetLife makes the offerings, the company says.

MetLife is in the process of closing on an $11.5 billion acquisition of Travelers Life & Annuity from Citigroup Inc., New York.

NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.