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Manulife Prices $750M U.S. Offering of 6.146% Subordinated Notes

Manulife Financial logoManulife Financial
Sig2.50Sen+1.28Env0.00Soc0.00Gov+0.61

Manulife Financial priced a U.S. public offering of $750 million of 6.146% subordinated notes due 2041, issued Sept. 11, 2026. Notes pay a fixed rate until the Sept. 11, 2036 reset date, then a CMT-based rate plus 1.350% through 2041. The company may redeem starting Sept. 11, 2031 with prior approval from Canada’s financial superintendent.

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