RICHMOND, Va., Jan. 19, 2016 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) announced today that it has completed the redemption of all $298 million aggregate principal amount of its outstanding 8.625% Senior Notes (the Notes) due 2016. Cash used for the redemption was approximately $321 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.
About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance holding company committed to helping families become more financially secure, self-reliant and prepared for the future. Genworth has leadership positions in mortgage insurance and long term care insurance and product offerings in life insurance and fixed annuities that assist consumers in solving their home ownership, insurance and retirement needs. 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.