Transaction|August 18, 2017
Manulife completes subordinated debenture offering
Torys acted as counsel to Manulife with a team that included David Seville, Jonathan Cescon, David Leith and Michael Murphy (corporate/securities).
On August 18, 2017, Manulife Financial Corporation successfully completed its previously announced Canadian public offering of C$750 million principal amount of 3.049% fixed/floating subordinated debentures due August 20, 2029.
The debentures were offered through a syndicate of dealers co-led by RBC Capital Markets, CIBC Capital Markets and TD Securities.
Manulife Financial Corporation is a leading international financial services group that helps people achieve their dreams and aspirations by putting customers' needs first and providing the right advice and solutions.
Further information can be found on Canada Newswire's website.