MetLife Investment Management Reaches Record $22.4 Billion in Total Agricultural Mortgage Loan Assets Under Management - Seite 2

• $58 million senior secured variable rate financing transaction with a 10-year term
• Funds will be used in the construction of a state-of-the-art cold storage facility with over 300,000 square feet located in Miami-Dade County, Florida
• The facility includes 50-foot clear heights maximizing storage space as well as high tech systems which will offer broad temperature flexibility

About MetLife Investment Management

MetLife Investment Management, the institutional asset management business of MetLife, Inc. (NYSE: MET), is a global public fixed income, private capital and real estate investment manager providing tailored investment solutions to institutional investors worldwide. MetLife Investment Management provides public and private pension plans, insurance companies, endowments, funds and other institutional clients with a range of bespoke investment and financing solutions that seek to meet a range of long-term investment objectives and risk-adjusted returns over time. MetLife Investment Management has over 150 years of investment experience and, as of December 31, 2020, had $659.6 billion in total assets under management.³

About MetLife

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (MetLife), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.

Forward-Looking Statements

The forward-looking statements in this news release, such as “commitment,” “continue,” “future,” “sustainable,” and “will,” are based on assumptions and expectations that involve risks and uncertainties, including the “Risk Factors” MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife’s future results could differ, and it has no obligation to correct or update any of these statements.

Endnotes

¹ Total agricultural mortgage loan AUM represents the value of all agricultural mortgage loans managed by MIM, at estimated fair value, presented on the basis of net asset value (net of encumbering debt).

² Based on publicly available data as of December 31, 2020, that includes publicly disclosed financial reports from lenders, in addition to American Bankers Association data

³ Total AUM is comprised of all MetLife general account and separate account assets and unaffiliated/third party assets, at estimated fair value, managed by MIM.

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