Genworth Announces Redemption of Outstanding 2024 Senior Notes
August 22 2022 - 7:00AM
Business Wire
Genworth Financial, Inc. (NYSE: GNW) announced today that
Genworth Holdings, Inc., its direct wholly-owned subsidiary, has
issued a notice of redemption for all of its outstanding 4.800%
Senior Notes (the “Notes”) due 2024. The redemption date of the
Notes will be September 21, 2022, and the redemption price of the
Notes will be 100% of the principal amount plus a make-whole
premium and accrued and unpaid interest to, but excluding, the
redemption date.
The Paying Agent for the redemption of the Notes is The Bank of
New York Mellon Trust Company, N.A., Global Corporate Trust, 111
Sanders Creek Parkway, East Syracuse, New York 13057.
About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 provider
of products, services and solutions that help families address the
financial challenges of aging. Headquartered in Richmond, Virginia,
Genworth applies its nearly 150 years of experience each day to
helping people navigate caregiving options and fund their long-term
care needs. Genworth is also the parent company of publicly traded
Enact Holdings, Inc. (Nasdaq: ACT), a leading U.S. mortgage
insurance provider. For more information on Genworth, visit
genworth.com, and for more information on Enact Holdings, Inc.
visit enactmi.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain certain “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements may be identified by
words such as “expects,” “intends,” “anticipates,” “plans,”
“believes,” “seeks,” “estimates,” “will” or words of similar
meaning and include, but are not limited to, statements regarding
the redemption of the 4.800% Senior Notes due 2024. Forward-looking
statements are based on management's current expectations and
assumptions, which are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict. Actual
outcomes and results may differ materially from those in the
forward-looking statements due to global political, economic,
business, competitive, market, regulatory and other factors and
risks. We therefore caution you against relying on any
forward-looking statements. We undertake no obligation to publicly
update any forward-looking statement, whether as a result of new
information, future developments or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20220821005019/en/
Investors: Sarah E. Crews InvestorInfo@genworth.com
Media: Amy Rein Amy.Rein@genworth.com
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