New Issue-Metlife unit sells $500 mln notes

Jan 6 (BestGrowthStock) – MetLife Institutional Funding II, a unit
of MetLife Inc (MET.N: ), late on Wednesday sold $500 million of
floating-rate notes in the 144a private placement market, said
IFR, a Thomson Reuters service.

Deutsche Bank and UBS were the joint bookrunning managers
for the sale.
BORROWER: METLIFE INSTITUTIONAL FUNDING II
AMT $500 MLN COUPON 3-MO LIBOR MATURITY 7/12/2012

+40 BPS
TYPE FRNS ISS PRICE 100 FIRST PAY 4/12/2011
MOODY’S Aa3 YIELD N/A SETTLEMENT 1/12/2011
S&P AA-MINUS SPREAD N/A PAY FREQ QUARTERLY
FITCH N/A NON-CALLABLE

New Issue-Metlife unit sells $500 mln notes