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Published on 2/20/2020 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Genworth MI Canada to redeem 5.68% debentures due 2020 on March 23

By Marisa Wong

Los Angeles, Feb. 20 – Genworth MI Canada Inc. said it plans to redeem its 5.68% debentures due June 15, 2020 on March 23.

The C$175 million of outstanding debentures will be redeemed at a price equal to the greater of the Canada yield price and par, together with accrued interest to the redemption date.

Oakville, Ont.-based Genworth MI Canada operates private residential mortgage insurance provider Genworth Financial Mortgage Insurance Co. Canada.


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