Genworth Completes Redemption of Outstanding 2021 Senior Notes
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.
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SOURCE Genworth Financial, Inc.
Released July 21, 2021