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Stock impact report

Genworth Announces Consent Solicitation for its Outstanding Notes

Genworth Financial Inc (GNW) 
Last genworth financial inc earnings: 10/29 05:10 pm Check Earnings Report
US:NYSE Investor Relations: genworth.com/corporate/investors.html
Company Research Source: PR Newswire
RICHMOND, Va., Sept. 14, 2018 /PRNewswire/ -- Genworth Holdings, Inc. (the "Company"), a direct wholly-owned subsidiary of Genworth Financial, Inc. (NYSE: GNW), today announced a solicitation of consents from the holders of its outstanding notes set forth below proposing amendments to the indenture governing such notes.Outstanding Principal AmountDescription of SecuritiesCUSIP Number$397,000,0007.700% Senior Notes due June 202037247DAM8$381,703,0007.20% Senior Notes due February 202137247DAN6$698,319,0007.625% Senior Notes due September 202137247DAP1$400,000,0004.900% Senior Notes due August 2023372491AA8$400,000,0004.800% Senior Notes due February 2024372491AB6$300,000,0006.500% Senior Notes due June 203437247DAB2The purpose of the consent solicitation is to eliminate the possibility that a regulatory action directed at a U.S. life insurance subsidiary of the Company (which we currently do not anticipate) would constitute an event of default with respect to the notes and thereby have Show less Read more
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