Skip to content.

Manulife Financial completes C$200 million preferred share offering

Date Closed

June 21, 2013

Lead Office



200.00 Million CAD

On June 21, 2013, Manulife Financial Corporation (Manulife) announced that it completed its offering of 8 million Non-cumulative Rate Reset Class 1 Shares Series 13 (the "Series 13 Preferred Shares") at a price of C$25 per share to raise gross proceeds of C$200 million.

The offering was underwritten by a syndicate of investment dealers co-led by Scotia Capital Inc. and RBC Capital Markets. The Series 13 Preferred Shares commence trading on the Toronto Stock Exchange under the ticker symbol MFC.PR.K.

Manulife, headquartered in Toronto, is an insurance and financial services provider.

McCarthy Tétrault LLP represented the syndicate of underwriters, with a team led by Barry Ryan.