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Prospect News home > News index > List of issuers M > Headlines for Manufacturers Life Insurance Co. > News item
Published on 11/18/2020 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Manulife to redeem C$350 million 2.389% fixed-to-floating debentures

By Taylor Fox

New York, Nov. 18 – Manufacturers Life Insurance Co. plans to redeem in full its outstanding C$350 million 2.389% fixed-to-floating subordinated debentures due Jan. 5, 2026, according to a 6-K filing with the Securities and Exchange Commission.

The notes will be redeemed at par, plus interest, on Jan. 5.

Manulife is a financial services group based in Toronto.


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