Manulife Financial to Redeem 2.237% Fixed, Floating Subordinated Debentures

, MT Newswires -  9:31 AM ET 4/7/2025 Company News

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print

09:31 AM EDT, 04/07/2025 (MT Newswires) -- Manulife Financial ( MFC ) said Monday that it plans to redeem all of its outstanding $1 billion principal amount of 2.237% fixed/floating subordinated debentures at par on May 12.

The company said the debentures are due May 12, 2030, but it has the option to redeem beginning May 12 this year.

Shares of Manulife Financial ( MFC ) were down 4.5% just after the market opened Monday.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

© 1999-2025 Midnight Trader, Inc. All rights reserved.

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print
close
Please enter a valid e-mail address
Please enter a valid e-mail address
Important legal information about the e-mail you will be sending. By using this service, you agree to input your real e-mail address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an e-mail. All information you provide will be used by Fidelity solely for the purpose of sending the e-mail on your behalf.The subject line of the e-mail you send will be "Fidelity.com: "

Your e-mail has been sent.
close

Your e-mail has been sent.