Nov 19 (Reuters) - MetLife Inc:
* Provides information regarding its commercial mortgage-backed securities
holdings and commercial mortgage whole loans
* Says continues to have a well diversified, high quality investment portfolio
* Says providing information in light of increasing volatility in the cmbs
indices
* Says has no direct exposure to commercial mortgage-backed index or any other
cmbs related derivatives
* Says holds approximately $15.9 billion of CMBS, of which over 95% is rated
AAA/AA
* Says does not have exposure to two underlying commercial mortgages within
CMBX 5 that have been reported as likely to default
* Says has a $35.9 billion commercial mortgage portfolio with an average
loan-to-value of 57% based on its most recent valuations
* Says less than 8% of the company's loans mature during remainder of 2008 and
through 2009
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Provides information regarding its commercial mortgage-backed securities
holdings and commercial mortgage whole loans
* Says continues to have a well diversified, high quality investment portfolio
* Says providing information in light of increasing volatility in the cmbs
indices
* Says has no direct exposure to commercial mortgage-backed index or any other
cmbs related derivatives
* Says holds approximately $15.9 billion of CMBS, of which over 95% is rated
AAA/AA
* Says does not have exposure to two underlying commercial mortgages within
CMBX 5 that have been reported as likely to default
* Says has a $35.9 billion commercial mortgage portfolio with an average
loan-to-value of 57% based on its most recent valuations
* Says less than 8% of the company's loans mature during remainder of 2008 and
through 2009
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.