TSX:MFCInsurance
Does US$1 Billion Senior Notes Issuance Reshape The Bull Case For Manulife Financial (TSX:MFC)?
In early December 2025, Manulife Financial Corporation issued US$1 billion of 4.986% senior unsubordinated unsecured fixed-rate notes due December 11, 2035, priced at 100% with a 0.45% discount and callable features.
This sizeable bond sale, alongside recent senior leadership changes in Manulife’s Asia and global high net worth businesses, highlights how the group is reshaping its capital structure and regional growth focus.
Next, we’ll examine how this US$1 billion senior notes issuance may...