Canada NewsWire
WINNIPEG, April 24, 2017
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES. /
TSX:GWO
WINNIPEG, April 24, 2017 /CNW/ - Great-West Lifeco Inc. today
announced that its subsidiary, Great-West Lifeco Finance (Delaware) LP, intends to redeem all
$1,000,000,000 aggregate principal amount of its outstanding 5.691% Subordinated Debentures due
June 21, 2067 (the "Debentures") on June 21, 2017 (the "Redemption
Date") at a redemption price equal to 100% of the principal amount of the Debentures, plus any accrued but unpaid interest to but
excluding the Redemption Date. Notice of the redemption will be sent to holders of the Debentures in accordance with the terms of
the Indenture dated as of June 21, 2007 pursuant to which the Debentures were issued.
Great-West Lifeco
Great-West Lifeco Inc. is an international financial services holding company with interests in life insurance, health
insurance, retirement and investment services, asset management and reinsurance businesses. Lifeco has operations in Canada, the United States, Europe and
Asia through Great-West Life, London Life, Canada Life, Irish
Life, Great-West Financial and Putnam Investments. Lifeco and its companies have over $1.2
trillion in consolidated assets under administration as at December 31, 2016 and are members
of the Power Financial Corporation group of companies. Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the
ticker symbol GWO. To learn more, visit www.greatwestlifeco.com.
SOURCE Great-West Lifeco Inc.
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