Great-West Lifeco will redeem all 5.9% series F preferreds at year-end

Chicago, Nov. 3 – Great-West Lifeco Inc. communicated that it would redeem all of its outstanding 5.9% non-cumulative first preferred shares, series F on Dec. 31, according to a company release.

The preferreds will be redeemed at C$25.00 per share plus declared and unpaid dividends, less any tax required to be deducted and withheld.

The paid-up capital of the series F shares is C$20.59 per share.

Great-West Lifeco is a Winnipeg, Man.-based insurance and financial services holding company.

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