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Manulife Financial Corp
Symbol MFC
Shares Issued 1,948,859,681
Close 2019-11-29 C$ 26.13
Recent Sedar Documents

Manulife's Manufacturers to redeem $500M of debentures

2019-11-29 09:06 ET - News Release

An anonymous director reports

MANULIFE ANNOUNCES INTENTION TO REDEEM 2.64% FIXED/FLOATING SUBORDINATED DEBENTURES

Manulife Financial Corp.'s The Manufacturers Life Insurance Company (MLI) intends to redeem at par on Jan. 15, 2020, all of its outstanding $500-million principal amount of 2.64 per cent fixed/floating subordinated debentures due Jan. 15, 2025. The debentures are redeemable at MLI's option on or after Jan. 15, 2020, at a redemption price per debenture equal to par, together with accrued and unpaid interest to but excluding the date of redemption. Formal notice will be delivered to holders of debentures in accordance with MLI's amended and restated trust indenture.

Interest on the debentures will cease to accrue on the redemption date.

About Manulife Financial Corp.

Manulife Financial is a leading international financial services group that helps people make their decisions easier and lives better.

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