Manulife Financial Corporation (MFC) today announced its intention to redeem at par on November 21, 2024 all of its outstanding 500 million Singapore dollars principal amount of 3.00% Subordinated Notes due November 21, 2029. The Notes are redeemable at MFC’s option, in whole but not in part, on November 21, 2024 and thereafter on each interest payment date at a redemption price per Note 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. Manulife Financial Corporation is a global leader in financial services, empowering individuals to make informed decisions and improve their lives.
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