RICHMOND, Va., Jan.
21, 2020 /PRNewswire/ -- Genworth Financial, Inc. (NYSE:
GNW), announced today that Genworth Holdings, Inc. ("Genworth
Holdings"), its direct wholly-owned subsidiary, has completed the
redemption of all $397 million aggregate principal amount of
its outstanding 7.700% Senior Notes (the "Notes") due 2020. Cash
used for the redemption was approximately $409 million, which
included the aggregate principal amount of the Notes being
redeemed, plus a make-whole premium and accrued and unpaid interest
to, but excluding, the redemption date of January 19, 2020.
About Genworth Financial
Genworth Financial, Inc.
(NYSE: GNW) is a Fortune 500 insurance holding company committed to
helping families achieve the dream of homeownership and address the
financial challenges of aging through its leadership positions in
mortgage insurance and long-term care insurance. Headquartered in
Richmond, Virginia, Genworth
traces its roots back to 1871 and became a public company in 2004.
For more information, visit genworth.com.
From time to time, Genworth releases important information via
postings on its corporate website. Accordingly, investors and other
interested parties are encouraged to enroll to receive automatic
email alerts and Really Simple Syndication (RSS) feeds regarding
new postings. Enrollment information is found under the "Investors"
section of genworth.com. From time to time, Genworth's publicly
traded subsidiary, Genworth Mortgage Insurance Australia Limited,
separately releases financial and other information about its
operations. This information can be found at
http://www.genworth.com.au.
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SOURCE Genworth Financial, Inc.