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Great-West Lifeco calls 5.691% subordinated notes due 2067 at par
By Susanna Moon
Chicago, April 24 – Great-West Lifeco Inc. said subsidiary Great-West Lifeco Finance (Delaware) LP plans to redeem its C$1 billion principal amount of outstanding 5.691% subordinated debentures due June 21, 2067.
The notes will be redeemed at par on June 21 plus accrued interest to but excluding the redemption date, according to a company notice.
The notes were issued June 21, 2007.
Winnipeg, Man.-based Great-West Lifeco is a financial services holding company with operations in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses.
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