TSX:GWOInsurance
How Investors May Respond To Great-West Lifeco (TSX:GWO) Issuing 5.70% Series 24 Preferred Shares
Great-West Lifeco Inc. recently completed an offering of 8,000,000 5.70% Non-Cumulative First Preferred Shares, Series 24, raising CA$200 million through a syndicate led by BMO Capital Markets, RBC Capital Markets, and Scotiabank, with the shares now trading on the Toronto Stock Exchange under the symbol “GWO.PF.A.”
This successful preferred share issuance highlights investor appetite for Great-West Lifeco’s fixed-income-style securities and provides additional permanent capital that can...

