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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item |
Manulife to redeem C$550 million 6.24% subordinated debentures
By Toni Weeks
San Diego, Jan. 13 - Manulife Financial Corp. said it will redeem all of its outstanding C$550 million 6.24% subordinated debentures due Feb. 16, 2016, according to a news release.
The redemption price of par plus accrued interest will be paid on Feb. 16.
The financial services company is based in Toronto.
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