Manulife announces intention to redeem 2.237% Fixed/Floating Subordinated Debentures

Core Viewpoint - Manulife Financial Corporation plans to redeem all outstanding $1 billion principal amount of 2.237% Fixed/Floating Subordinated Debentures on May 12, 2025, at par value, along with accrued interest [1][2]. Company Overview - Manulife Financial Corporation is a prominent international financial services provider headquartered in Toronto, Canada, operating under the name Manulife in Canada, Asia, and Europe, and as John Hancock in the United States [3]. - The company offers financial advice, insurance, and investment services to individuals, groups, and businesses, with a workforce of over 37,000 employees and more than 109,000 agents serving over 36 million customers globally [3]. - Manulife trades as 'MFC' on the Toronto, New York, and Philippine stock exchanges, and under '945' in Hong Kong [3].