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Genworth Completes Redemption of Outstanding 2020 Senior Notes

01/21/20

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.

Cision View original content:http://www.prnewswire.com/news-releases/genworth-completes-redemption-of-outstanding-2020-senior-notes-300990393.html

SOURCE Genworth Financial, Inc.

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