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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Manulife Financial Corporation | TSX:MFC | Toronto | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.48 | -1.30% | 36.56 | 36.55 | 36.58 | 37.11 | 36.52 | 37.05 | 4,515,188 | 21:00:00 |
From Jul 2019 to Jul 2024
C$ unless otherwise stated
TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, April 26, 2021 /CNW/ - Manulife Financial Corporation ("MFC") today announced its intention to redeem at par on June 23, 2021 all of its outstanding U.S.$1 billlion principal amount of 4.70% senior notes due June 23, 2046 (the "Notes"). The Notes are redeemable at MFC's option in whole, but not in part, on June 23, 2021 and thereafter on every June 23rd at a redemption price equal to par, together with accrued and unpaid interest to, but excluding, the date of redemption. Formal notice will be delivered to holders of Notes in accordance with MFC's Trust Indenture.
Interest on the Notes will cease to accrue on the redemption date.
About Manulife
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2020, we had more than 37,000 employees, over 118,000 agents, and thousands of distribution partners, serving over 30 million customers. As of December 31, 2020, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, and in the previous 12 months we made $31.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.
View original content:http://www.prnewswire.com/news-releases/manulife-financial-corporation-announces-intention-to-redeem-usd-4-70-senior-notes-301276237.html
SOURCE Manulife Financial Corporation
Copyright 2021 Canada NewsWire
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