News
Release
C$ unless otherwise statedTSX/NYSE/PSE: MFC SEHK: 945
For Immediate Release
April 7, 2025
Manulife announces intention to redeem 2.237% Fixed/Floating Subordinated
Debentures
TORONTO - Manulife Financial Corporation (“MFC”) today announced its intention to
redeem at par on May 12, 2025 all of its outstanding $1,000,000,000 principal
amount of 2.237% Fixed/Floating Subordinated Debentures (the “Debentures”) due
May 12, 2030. The Debentures are redeemable at MFC’s option on or after May 12,
2025 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 MFC’s Trust Indenture.
Interest on the Debentures will cease to accrue on the redemption date.
About Manulife
Manulife Financial Corporation is a leading international financial services provider,
helping our customers make their decisions easier and lives better. With our global
headquarters in Toronto, Canada, we operate as Manulife across Canada, Asia, and
Europe, and primarily as John Hancock in the United States, providing financial
advice and insurance for individuals, groups and businesses. Through Manulife
Wealth & Asset Management, we offer global investment, financial advice, and
retirement plan services to individuals, institutions, and retirement plan members
worldwide. At the end of 2024, we had more than 37,000 employees, over 109,000
agents, and thousands of distribution partners, serving over 36 million customers. We
trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and
under ‘945’ in Hong Kong.
Not all offerings are available in all jurisdictions. For additional information, please
visit manulife.com.
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fiona_mclean@manulife.com | |
