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Manulife Financial's Subordinated Debenture Due 2034 Assigned "A-" Rating by SP
S&P Global Ratings said Tuesday that it assigned an "A-" rating to Manulife Financial's (MFC.TO) issuance of a fixed-rate subordinated debenture due 2034. The company plans to use the proceeds for gen
Manulife Financial -S (00945.HK) will issue SGD 500 million of 4.275% perpetual callable bonds due in 2034.
Manulife Financial-S (00945.HK) announced today that it has priced the post-repayment notes (referred to as "Notes") with a total principal amount of SGD 500 million and an interest rate of 4.275%, which will be due on June 19, 2034, publicly issued in Singapore. The proceeds will be counted as Manulife's Tier 2 capital in accordance with the offering circular dated June 11, 2024. The fixed rate of the batch of notes until June 19, 2029 is 4.275%, and the subsequent rate is the five-year period "Singapore Overnight Average Rate Overnight Index Swap Rate" ("SORA OIS") that was effective at that time.
Manulife Financial to Issue Subordinated Bonds Worth SG$500 Million in Singapore
Manulife Financial (HKG:0945, PSE:MFC) will issue Tier-II subordinated bonds worth SG$500 million in Singapore, according to a Tuesday filing with the Hong Kong bourse. The bonds maturing in June 2034
Top Gap Ups and Downs on Tuesday: HSBC, BHP, BBVA and More
Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.
Manulife Financial Corporation to Issue S$500 Million 4.275% Subordinated Notes Due 2034
TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, June 11, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") announced today that it has priced an offering in Singapore of S$500 million principa
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