Life Insurance Companies Announce New Products, Loans, Exchange Offers, Divestitures and Contributions - Research Report on MetLife, American Equity, Lincoln Financial, Prudential, and ING Groep Editor Note: For more information about this release, please scroll to bottom PR Newswire NEW YORK, August 29, 2013 NEW YORK, August 29, 2013 /PRNewswire/ -- Today, Investors' Reports announced new research reports highlighting MetLife, Inc. (NYSE: MET), American Equity Investment Life Holding Co. (NYSE: AEL), Lincoln National Corp. (NYSE: LNC), Prudential Financial, Inc. (NYSE: PRU), and ING Groep NV (NYSE: ING). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. MetLife, Inc. Research Report On August 22, 2013, MetLife, Inc. (MetLife) announced that, through its real estate investments department, it has closed a $235 million loan secured by BG Group Place, for a partnership advised by Invesco Real Estate. Robert Merck, Senior Managing Director and Head of Real Estate Investments for MetLife commented, "The BG Group Place investment aligns well with our overall commercial real estate strategy and allows MetLife to grow in a key market for us. We are confident that BG Group Place will prove to be a beneficial component of our Texas portfolio." MetLife stated that the transaction was led by Chad McKenney and John Hall from MetLife's Dallas regional office. The Full Research Report on MetLife, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-27/MET] -- American Equity Investment Life Holding Co. Research Report On August 23, 2013, American Equity Investment Life Holding Co. (American Equity) announced that it intends to commence exchange offers to purchase for cash and, in certain circumstances, newly issued shares of its common stock, any and all of its $200 million principal amount of outstanding 3.50% Convertible Senior Notes due 2015 and any and all of its $115.8 million principal amount of outstanding 5.25% Contingent Convertible Senior Notes due 2029. According to American Equity, the exchange unless extended or earlier terminated by the Company will expire at 12:00 a.m. New York time at the end of October 21, 2013. The Full Research Report on American Equity Investment Life Holding Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-27/AEL] -- Lincoln National Corp. Research Report On August 13, 2013, Lincoln National Corp. (Lincoln Financial Group) announced the release of its next generation Lincoln SVUL(2013). According to the company, the Lincoln SVUL(2013) is a survivorship variable universal life insurance product which combines a guaranteed lifetime death benefit with the freedom to pursue market-driven growth potential that can help meet future liquidity needs. The Company further stated that the product also provides a new competitive pricing structure making it potentially suitable for various premium scenarios including those in which premiums are paid in three years or less. Michael Burns, Senior Vice President, Life Solutions, said, "Lincoln focuses on continually providing a diverse mix of solutions to help advisors meet their clients' specific needs, and keep financial plans on track in any market environment. Our enhanced SVUL helps strengthen the position of advisors working with clients insuring two lives in the process of building a financial legacy, providing financial flexibility, and meeting a variety of financial planning needs ranging from estate tax funding to wealth transfer." The Full Research Report on Lincoln National Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-27/LNC] -- Prudential Financial, Inc. Research Report On August 22, 2013, Prudential Financial, Inc. (Prudential) announced that in order to support the Dixon Center for Military and Veterans Community Services at Easter Seals (Dixon Center at Easter Seals) for its critical work in bringing communities together for veterans, especially during their reintegration and transition home post-deployments, the Company has made a $250,000 contribution to the Dixon Center at Easter Seals. Barbara Koster, Senior Vice President and Chief Information Officer at Prudential said, "This founding contribution to the Dixon Center at Easter Seals will help foster better community collaboration and coordinated services to support veteran employment, education and health - three areas of particular need for military families. We are delighted to be a partner in the work of the Dixon Center." The Full Research Report on Prudential Financial, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-27/PRU] -- ING Groep NV Research Report On August 26, 2013, ING Groep NV (ING) announced that it has reached an agreement to sell ING Life Korea, its wholly owned life insurance business in South Korea, to MBK Partners for a total purchase price of approximately KRW1.8 trillion or €1.2 billion at the current exchange rates. ING stated that under the terms of the agreement, the Company will hold an indirect stake of approximately 10% in ING Life Korea for an amount of KRW120 billion or €80 million at current exchange rates. Jan Hommen, CEO of ING Group said, "This transaction is a major step in the divestment of our Asian insurance and investment management activities. Together with the scheduled payment of the next tranche of the core Tier 1 securities to the Dutch State in November 2013, this will bring us further into the end phase of the restructuring of our company." The Full Research Report on ING Groep NV - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-27/ING] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3.This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4.If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5.For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 6.Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be. NOT FINANCIAL ADVICE Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. NO WARRANTY OR LIABILITY ASSUMED Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. InvestorsReports.com SOURCE Investors' Reports Contact: Kristi Saunders CONTACT PHONE: +1-315-982-6420 (North America)
Life Insurance Companies Announce New Products, Loans, Exchange Offers, Divestitures and Contributions - Research Report on
Press spacebar to pause and continue. Press esc to stop.