Debevoise Advises Manulife in Its $750 Million Senior “Green” Notes Offering

17 March 2022

Debevoise & Plimpton LLP has advised Manulife Financial Corporation (TSX/NYSE/PSE: MFC) in its U.S. offering of $750 million aggregate principal amount of 3.703% senior notes due 2032. Manulife intends to use an amount equal to the net proceeds from the sale of the notes to finance or refinance new or existing eligible “green” assets under the Manulife Sustainable Bond Framework. For more information, please see the company’s press release.

Manulife is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario.

The Debevoise team was led by capital markets partners Peter Loughran and Nick Pellicani and included associate Michael Pan and law clerks Noel Lee and Anthony Otis, and investment management counsel Sheena Paul and associate Sasha Burger.