Manulife Announces Results of Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 13

Manulife Financial Corp. (PSE: MFC) today announced that after having taken into account all election notices received by the September 4, 2018 deadline for conversion of its currently outstanding 8,000,000 Non-cumulative Rate Reset Class 1 Shares Series 13 (TSX: MFC.PR.K) into Non-cumulative Floating Rate Class 1 Shares Series 14 of Manulife, the holders of Series […]
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Manulife Completes USD Senior Notes Offering in Taiwan

Toronto—(PHStocks)—Manulife Financial Corp. (PSE: MFC) has completed its previously announced offering in Taiwan of $1 billion principal amount of 4.70% senior notes due 23 June 2046. The offering was made pursuant to a prospectus supplement dated 7 June 2016 to MFC’s existing base shelf prospectus. BNP Paribas, Taipei Branch, HSBC Bank (Taiwan) Ltd and Standard Chartered […]
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PHStocks Exclusive: Top 30 Losers in March 2016

Manila—(PHStocks)—Last week, we presented the 50 best stock performers for March. This post lists the top 30 decliners during the month. PHStocks only selected 30 as the rest in the “Losers Bracket” of our analysis remained flat in March. 1. Agrinurture Inc. (PSE: ANI): PhP4.70, -19.24% 2. Liberty Telecoms Holdings Inc. (PSE: LIB): PhP3.56, -11% […]
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Manulife Appoints Pamela O. Kimmet to Board

Toronto—(PHStocks)—Manulife Financial Corp. (PSE: MFC) and The Manufacturers Life Insurance Company has announced that Pamela O. Kimmet has been appointed to their Board of Directors, effective 7 March 2016. With the addition of Kimmet, 36% of Manulife’s independent directors are women. Kimmet is Senior Vice President, Human Resources, Coca Cola Enterprises Inc., a publicly traded […]
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Manulife Completes U.S. Public Offering of Senior Notes

Toronto—(PHStocks)—Manulife Financial Corp. (PSE: MFC) has completed its previously announced offering of U.S. $1.75 billion aggregate principal amount of two series of its senior notes consisting of U.S. $1.0 billion aggregate principal amount of 4.150% senior notes due 2026 and U.S. $750 million aggregate principal amount of 5.375% senior notes due 2046. The notes were issued […]
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Manulife Announces Exercise of Over-Allotment Option on Preferred Share Offering

Toronto—(PHStocks)—Manulife Financial Corp. (PSE: MFC) has announced that, in connection with its recently announced offering of 16 million Non-cumulative Rate Reset Class 1 Shares Series 21 (the Series 21 Preferred Shares), the underwriters have exercised their option to purchase an additional 1 million Series 21 Preferred Shares at a price of $25 per share to raise […]
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Manulife Completes Preferred Share Offering

Toronto—(PHStocks)—Manulife Financial Corp. (PSE: MFC) has completed its offering of 16 million Non-cumulative Rate Reset Class 1 Shares Series 21 at a price of $25 per share to raise gross proceeds of $400 million. The offering was underwritten by a syndicate of investment dealers co-led by RBC Capital Markets, Scotia Capital Inc. and TD Securities […]
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Manulife Completes Subordinated Debenture Offering

Toronto-(PHStocks)- The Manufacturers Life Insurance Company (“MLI”), the Canadian insurance company subsidiary of Manulife Financial Corporation, has successfully completed its previously announced offering of C$1 billion principal amount of subordinated debentures. The 3.181% fixed/floating subordinated debentures due November 22, 2027, which are guaranteed by Manulife Financial Corporation on a subordinated basis, were issued under a […]
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