It appears that the new baby bond (fixed rate reset) from Reinsurance Group of America (RGA) will begin trading tomorrow–per a note from EarlyBird in the comments.
The new issue is a baby bond with a initial 7.125% fixed rate (until 10/15/2027) (RZC) . The coupon will be reset beginning 10/15/2027 at the 5 year treasury plus a fixed spread of 3.456%–there after reset every 5 years.
This is a solid investment grade issue (BBB and Baa2), although the maturity date isn’t until 2052 meaning it will have interest rate risk.
It is likely that many of the brokerage houses will not get this posted tomorrow, but it should happen very soon.