RICHMOND, Va., July
21, 2021 /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 $513 million aggregate principal amount of
its outstanding 7.625% Senior Notes (the "Notes") due 2021. Cash
used for the redemption was approximately $532 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 July 21, 2021.
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.
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SOURCE Genworth Financial, Inc.