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RSS FeedsGreat-West Lifeco announces issuance of $250 million of additional Debentures
(WorldNews Europe)

 
 

14 july 2020 06:26:45

 
Great-West Lifeco announces issuance of $250 million of additional Debentures
(WorldNews Europe)
 


Winnipeg, MB, July13, 2020. . . Great-West Lifeco Inc. (Lifeco) announced today that it has entered into an agreement with a syndicate of agents co-led by RBC Capital Markets,BMO Capital Markets and Scotiabank for the sale on an agency basis of $250million aggregate principal amount of debentures maturing July 8,2050 (the Debentures). The Debentures represent a re-opening of Lifeco`s outstanding 2.981% Debentures due July 8, 2050 (the Initial Debentures and, together with the Debentures, the 2050 Debentures). Lifeco issued $250,000,000 aggregate principal amount of Initial Debentures on July 8, 2020 and, upon closing of the offering of the Debentures, $500 million aggregate principal amount...


 
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