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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 4/22/2021 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Manulife to redeem all C$425 million series 21 preferred shares

By Wendy Van Sickle

Columbus, Ohio, April 22 – Manulife Financial Corp. plans to redeem all 17 million non-cumulative rate reset class 1 shares, series 21, for cash on June 19, according to a news release.

The shares will be redeemed at C$25.00 apiece for a total of C$425 million.

Manulife is a financial services group based in Toronto.


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