With the selection of the value list of Jinqilin listed companies in Hong Kong stock market opened, thousands of companies will compete fiercely for the eight Project Awards. Who is the most leading entrepreneur, such as Zhang Yong, Yu Liang, Wang Xing, Lei Jun, Xu Jiayin and Ding Lei.
Manulife Finance-S (00945-hk) announced that it had priced the preferred notes issued in Taiwan with a total principal amount of US $1155 million and an interest rate of 3.050% and due on August 27, 2060.
this offering is made in accordance with the supplemental document to the prospectus dated August 13, 2020, which provides supplementary information on Manulife’s existing suspended offering charter. The notes have a fixed interest rate of 3.050% and will mature on August 27, 2060.
Manulife may, on August 27, 2025 and on August 27 of each subsequent year, with not less than 15 days’ and not more than 60 days’ prior notice, redeem the notes in whole (but not in part) at a redemption price equivalent to 100% of the principal amount together with accumulated and unpaid interest up to and including the redemption date. The notes will constitute a direct and unencumbered liability of Manulife and will be equally entitled to all of the company’s existing and future unencumbered and non subordinated liabilities.
this issue is expected to be completed on or around August 27, 2020. The notes are issued in the form of bonds only to professional institutional investors and will apply to the Taiwan securities exchange for listing and trading permission. It is expected that the permit will take effect on or around August 27, 2020. The listing can only be completed after the Taiwan Stock Exchange has confirmed that Manulife meets all listing requirements.