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Prospect News home > News index > List of issuers Tenders > Headlines for 2023 > News item
Published on 2/7/2023 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Empire Life to redeem C$200 million 3.664% subordinated debentures

By William Gullotti

Buffalo, N.Y., Feb. 7 – Empire Life Insurance Co. will redeem all of the C$200 million outstanding 3.664% subordinated debentures, series 2017-1 due March 15, 2028, according to a press release on Tuesday.

The debentures will be redeemed early on March 15 at par plus accrued interest to the redemption date.

The issuer is a Kingston, Ont.-based life insurance company.


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