C$ unless otherwise stated
TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, May 19, 2020 /PRNewswire/ - Manulife Financial
Corporation (NYSE: MFC) (the "Company") today announced that it has
completed its previously announced public offering in the United States of U.S.$500 million aggregate principal amount of 2.484%
senior notes due 2027 (the "Notes").
The Notes were issued pursuant to a prospectus supplement, dated
May 14, 2020, to the Company's
registration statement declared effective by the Securities and
Exchange Commission (the "SEC") on December
10, 2019. Details of the offering are set out in the
prospectus supplement, which is available on the SEC website at
www.sec.gov and on SEDAR at www.sedar.com.
BofA Securities, Inc., Citigroup Global Markets Inc., Goldman
Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley
& Co. LLC acted as joint book-running managers for the
offering.
About Manulife Financial Corporation
Manulife Financial Corporation is a leading international
financial services group that helps people make their decisions
easier and lives better. With our global headquarters in
Toronto, Canada, we operate as
Manulife across our offices in Canada, Asia,
and Europe, and primarily as
John Hancock in the United States. We provide financial
advice, insurance, and wealth and asset management solutions for
individuals, groups and institutions. At the end of 2019, we had
more than 35,000 employees, over 98,000 agents, and thousands of
distribution partners, serving almost 30 million customers. As of
March 31, 2020, we had $1.2 trillion (US$0.8
trillion) in assets under management and administration, and
in the previous 12 months we made $30.4
billion in payments to our customers. Our principal
operations are in Asia,
Canada and the United States where we have served
customers for more than 155 years. We trade as 'MFC' on the
Toronto, New York, and the Philippine stock exchanges
and under '945' in Hong Kong.
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SOURCE Manulife Financial Corporation