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Stock impact report

Manulife announces intention to redeem 2.926% Fixed/Floating Subordinated Debentures

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Company Research Source: PR Newswire
C$ unless otherwise statedTSX/NYSE/PSE: MFC   SEHK: 945 TORONTO, Oct. 10, 2018 /PRNewswire/ - The Manufacturers Life Insurance Company ("MLI") today announced its intention to redeem at par on November 29, 2018 all of its outstanding $250,000,000 principal amount of 2.926% Fixed/Floating Subordinated Debentures (the "Debentures") due November 29, 2023. The Debentures are redeemable at MLI's option on or after November 29, 2018 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 ManulifeManulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States and Manulife elsewhere. W Show less Read more
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