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Published on 11/6/2019 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Manulife Financial Capital Trust II to redeem all series 1 notes

By Wendy Van Sickle

Columbus, Ohio, Nov. 6 – Manulife Financial Capital Trust II, a subsidiary of Manulife Financial Corp., said it intends to redeem all of its outstanding C$1 billion of series 1 notes.

The notes will be redeemed at par of C$1,000 plus accrued interest to but excluding the redemption date of Dec. 31, according to a press release.

Manulife is a financial services group based in Toronto.


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