Great-West Lifeco has priced a €500 million offering of 7-year senior fixed rate euro bonds, marking its fourth debt issuance in the euro market. The bonds carry an annual coupon of 3.625% and were priced at 99.575% of par to yield 3.695%. They are expected to be rated A+ by S&P Global Ratings and A by Fitch Ratings, with an application to list on Euronext Dublin. The transaction is expected to close on or about July 7, 2026, and net proceeds will be used for general corporate purposes, which may include repayment of the company's outstanding €500 million 1.750% euro bonds maturing in December 2026.
Great-West Lifeco Inc.Priced €500M senior fixed rate euro bonds at 3.625% coupon, proceeds for general corporate purposes including refinancing