UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) October 17, 2006
MetLife, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
1-15787 13-4075851
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(Commission File Number) (IRS Employer Identification No.)
200 Park Avenue, New York, New York 10166-0188
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(Address of Principal Executive Offices) (Zip Code)
212-578-2211
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(Registrant's Telephone Number, Including Area Code)
N/A
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
On October 17, 2006, Metropolitan Tower Life Insurance Company, a wholly-owned
subsidiary of MetLife, Inc. ("MetLife"), entered into purchase and sale
agreements with Tishman Speyer Development Corp. ("Tishman Speyer"), on behalf
of a joint venture to be formed among affiliates of Tishman Speyer Properties,
L.P., Merrill Lynch, BlackRock Realty Advisors, Inc. ("BlackRock Realty"), and
Wachovia Corporation ("Wachovia"), for the sale of the properties known as
Stuyvesant Town, New York, New York ("Stuyvesant Town") and Peter Cooper
Village, New York, New York ("Peter Cooper Village"). The purchase price for
each of the properties as set forth in the respective agreements is $4.05
billion for Stuyvesant Town and $1.35 billion for Peter Cooper Village. It is
anticipated that the sale of Stuyvesant Town and Peter Cooper Village will
close in the fourth quarter of 2006, subject to customary closing conditions.
From time to time, certain Merrill Lynch and Wachovia affiliates provide
investment banking, financial advisory, lending and other related products and
services to MetLife, Inc. and affiliates. In connection with the sale of SSRM
Holdings, Inc. in January 2005 to BlackRock, Inc. ("BlackRock"), the parent
company of BlackRock Realty, MetLife entered into a cooperation agreement with
BlackRock to enhance and expand the products and services provided to the
clients of MetLife and BlackRock. In the normal course of business, MetLife
and its affiliates engage in investment and investment-related activities with
Tishman Speyer, BlackRock, Merrill Lynch and Wachovia, or their respective
affiliates, or entities which they or their respective affiliates manage.
A copy of the press release announcing the sale of Stuyvesant Town and Peter
Cooper Village is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibits
99.1 Press release of MetLife, Inc. dated October 17, 2006.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
METLIFE, INC.
By: /s/ Gwenn L. Carr
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Name: Gwenn L. Carr
Title: Senior Vice-President and Secretary
Date: October 23, 2006
EXHIBIT INDEX
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Exhibit
Number Exhibit
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99.1 Press release of MetLife, Inc. dated October 17, 2006.