MAY 19, 2020 11:23:15 Eastern Daylight Time
AM Best Assigns Issue Credit Rating to Manulife Financial Corporation’s Senior Unsecured Notes
FOR IMMEDIATE RELEASE
OLDWICK - MAY 19, 2020 11:23:15 Eastern Daylight Time
MFC intends to use the proceeds from the sale of the notes for general corporate purposes, including future refinancing requirements. MFC periodically may redeem some or all of the notes. Despite the new issuance, MFC’s financial leverage remains within the range for the company’s current ratings.
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