Manulife Financial Corporation Prices U.S. Public Offering of Subordinated Notes
Manulife Financial Corporation has priced a public offering in the United States of U.S.$750 million in subordinated notes. The notes carry an annual interest rate of 6.146%.
Toronto - Manulife Financial Corporation announced on September 1, 2026, that it has priced a public offering in the United States of U.S.$750 million (approximately C$1 billion) in aggregate principal amount of subordinated notes.
The notes, which carry an annual interest rate of 6.146%, are due on September 15, 2036. Manulife intends to use the net proceeds from the offering for general corporate purposes, which may include the refinancing of outstanding debt.
The Canadian-based financial services group offers a range of insurance, investment, and wealth management products. Its operations span across Canada, Asia, and the United States.
The issuance aims to strengthen the company's capital structure and support its ongoing business strategies. Specific details regarding the underwriters or the precise terms of the notes were not disclosed in the announcement.