C$ unless otherwise stated
TORONTO, Aug. 20 /CNW/ - Manulife Financial Corporation (the "Company")
has successfully completed its previously announced offering of $900
million principal amount of medium term notes constituting senior
indebtedness, pursuant to its medium term note program.
The 4.079% notes due 2015 were issued under a pricing supplement dated
August 17, 2010 to the Company's amended and restated short form base
shelf prospectus dated May 8, 2009 (amending and restating its March 30,
2009 short form base shelf prospectus) and prospectus supplement dated
April 21, 2009. Details of the offering are set out in the prospectus
which is available on the SEDAR website for the Company at href="www.sedar.com">www.sedar.com.
The notes were offered through an agency syndicate led by RBC Dominion
Securities Inc. and BMO Nesbitt Burns Inc.
The medium term notes have not been and will not be registered in the
United States under the Securities Act of 1933, as amended, and
may not be offered, sold or delivered in the United States or to U.S.
Persons absent registration or applicable exemption from the
registration requirement of such Act. This press release does not
constitute an offer to sell or a solicitation to buy the medium term
notes in the United States.
About Manulife Financial
Manulife Financial is a leading Canadian-based financial services group
operating in 22 countries and territories worldwide. For more than 120
years, clients have looked to Manulife for strong, reliable, trustworthy
and forward-thinking solutions for their most significant financial
decisions. Our international network of employees, agents and
distribution partners offers financial protection and wealth management
products and services to millions of clients. We provide asset
management services to institutional customers worldwide as well as
reinsurance solutions, specializing in life and property and casualty
retrocession. Funds under management by Manulife Financial and its
subsidiaries were Cdn$454 billion (US$428 billion) as at June 30, 2010.
The Company operates as Manulife Financial in Canada and Asia and
primarily as John Hancock in the United States. Manulife Financial
Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on
the SEHK. Manulife Financial can be found on the Internet at href="www.manulife.com">www.manulife.com.
SOURCE Manulife Financial Corporation
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