{"id":687745,"date":"2022-09-21T16:18:04","date_gmt":"2022-09-21T20:18:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/genworth-completes-redemption-of-outstanding-2024-senior-notes\/"},"modified":"2022-09-21T16:18:04","modified_gmt":"2022-09-21T20:18:04","slug":"genworth-completes-redemption-of-outstanding-2024-senior-notes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/genworth-completes-redemption-of-outstanding-2024-senior-notes\/","title":{"rendered":"Genworth Completes Redemption of Outstanding 2024 Senior Notes"},"content":{"rendered":"

<\/p>\n

Genworth Completes Redemption of Outstanding 2024 Senior Notes<\/b><\/p>\n

RICHMOND, Va.–(BUSINESS WIRE<\/a>)–
\nGenworth Financial, Inc. (NYSE: GNW) announced today that Genworth Holdings, Inc., its direct wholly-owned subsidiary, has completed the redemption of all $152 million aggregate principal amount of its outstanding 4.800% Senior Notes due 2024 (the \u201cNotes\u201d). Cash used for the redemption was approximately $155 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 September 21, 2022.\n<\/p>\n

About Genworth Financial
\n
<\/b>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<\/a>, and for more information on Enact Holdings, Inc., visit enactmi.com<\/a>.\n<\/p>\n

Cautionary Note Regarding Forward-Looking Statements
\n
<\/b>This press release may contain certain \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as \u201cexpects,\u201d \u201cintends,\u201d \u201canticipates,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cseeks,\u201d \u201cestimates,\u201d \u201cwill\u201d 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.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20220920006298\/en\/<\/a><\/span><\/p>\n

\nInvestors:
\n
Sarah E. Crews
\n
InvestorInfo@genworth.com<\/a><\/p>\n

\nMedia:
\n
Amy Rein
\n
Amy.Rein@genworth.com<\/a><\/p>\n

KEYWORDS:<\/b> Virginia United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Finance Seniors Consumer Professional Services Insurance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Genworth Completes Redemption of Outstanding 2024 Senior Notes RICHMOND, Va.–(BUSINESS WIRE)– Genworth Financial, Inc. (NYSE: GNW) announced today that Genworth Holdings, Inc., its direct wholly-owned subsidiary, has completed the redemption of all $152 million aggregate principal amount of its outstanding 4.800% Senior Notes due 2024 (the \u201cNotes\u201d). Cash used for the redemption was approximately $155 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 September 21, 2022. 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 … <\/p>\n

Continue reading “Genworth Completes Redemption of Outstanding 2024 Senior Notes”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-687745","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGenworth Completes Redemption of Outstanding 2024 Senior Notes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/genworth-completes-redemption-of-outstanding-2024-senior-notes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Genworth Completes Redemption of Outstanding 2024 Senior Notes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Genworth Completes Redemption of Outstanding 2024 Senior Notes RICHMOND, Va.–(BUSINESS WIRE)– Genworth Financial, Inc. (NYSE: GNW) announced today that Genworth Holdings, Inc., its direct wholly-owned subsidiary, has completed the redemption of all $152 million aggregate principal amount of its outstanding 4.800% Senior Notes due 2024 (the \u201cNotes\u201d). Cash used for the redemption was approximately $155 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 September 21, 2022. 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. 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