Manulife Financial Corp. has successfully completed its previously announced domestic offering of $600 million medium term notes.
The 7.768% notes due 2019 were offered through an agency syndicate led by RBC Dominion Securities Inc. and Scotia Capital Inc.
IE
Witherington will be moving from head of Asia to running the whole company
GST break will run Dec. 14 to Feb. 15; cheques will go out in the spring
The insurer is off-loading lower-return assets
The acquisition also marks the launch of Canaccord’s Ottawa office
Economic wisdom on GST holiday, rebates is questionable, economists say
Shareholders to get $32 per share in cash, a 33% premium relative to the last closing price