Manulife Completes $750 Million Subordinated Notes Offering

Paul, Weiss advised the underwriters in Manulife Financial Corporation’s public offering of $750 million aggregate principal amount of 6.146% subordinated notes due 2041. The underwriters were led by BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC. Manulife Financial Corporation is a leading international financial services group.

The Paul, Weiss team included corporate partners Christopher Cummings and Christian Kurtz; tax partner Matthew Jordan and counsel Samir Kurani; and environmental counsel William O’Brien.