Manulife Financial (TSE:MFC) has released an update.
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Manulife Financial Corporation has announced its plan to redeem all outstanding 3.00% Subordinated Notes worth 500 million Singapore dollars on November 21, 2024. These notes were initially set to mature in 2029, but will now be redeemed at par, along with accrued interest. This move is in line with the company’s financial strategy, as it continues to serve over 35 million customers worldwide.
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