/Not for distribution to U.S. newswire services or dissemination in the United States./
WINNIPEG, Sept. 14, 2012 /CNW/ - Great-West Life Capital Trust, a trust established by The Great-West Life Assurance Company, a subsidiary of Great-West Lifeco Inc., today announced that it intends to redeem all of its outstanding $350 million principal amount Great-West Life Trust Securities - Series A (the "GREATs Series A") on December 31, 2012 at a redemption price per GREATs Series A equal to $1000 plus any Unpaid Indicated Yield to the date of redemption. Notice of the redemption will be sent to holders of the GREATs Series A in accordance with the Great-West Life Capital Trust Declaration of Trust.
Great-West Life is a leading Canadian insurer, with interests in life insurance, health insurance, investment, savings and retirement income and reinsurance businesses, primarily in Canada and Europe. Great-West Life is a subsidiary of Great-West Lifeco Inc., a member of the Power Financial Corporation group of companies.
SOURCE: Great-West Life Assurance Company
For further information:
Marlene Klassen, APR
Assistant Vice-President, Communication Services