Great West announces pricing of €500 million | Money News

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TSX:GWO

WINNIPEG, MB, June 30, 2026 /CNW/ – Great-West Lifeco Inc. (“Great West” or the “Company”) introduced in the present day the pricing of €500 million senior fixed charge euro bonds. This is the Company’s fourth debt issuance within the euro market.

The €500 million, 7-year bonds are denominated in euros and pays an annual coupon of 3.625%, priced at 99.575% of par to yield 3.695%. The bonds are anticipated to be rated A+ by S&P Global Ratings (appearing by way of S&P Global Ratings Canada, a business unit of S&P Global Canada Corp.) and A by Fitch Ratings, Inc. An utility can be made for the bonds to be listed on the Global Exchange Market of the Irish Stock Exchange plc, trading as Euronext Dublin. The transaction is predicted to close on or about July 7, 2026. Net proceeds of the transaction can be used for normal company functions, which can embrace reimbursement of the Company’s excellent €500 million 1.750% euro bonds maturing in December 2026.

The offering was made by way of Barclays Bank PLC, Crédit Agricole Corporate and Investment Bank, J.P. Morgan Securities plc and Merrill Lynch International as Active Joint Bookrunners on behalf of a syndicate of managers.

ABOUT GREAT WEST
Great West is a financial companies holding company centered on building stronger, more financially secure futures. We operate within the United States, Canada, and Europe beneath the manufacturers Empower, Canada Life and Irish Life. Together we offer wealth, retirement, group advantages and insurance coverage and risk options to our roughly 40 million buyer relationships. As of March 31, 2026, Great West’s whole shopper property have been $3.3 trillion. Great West trades on the Toronto Stock Exchange (TSX) beneath the ticker image GWO and is a member of the Power Corporation group of firms. To be taught more, go to greatwestlifeco.com.

Cautionary word relating to Forward-Looking Information
From time to time, Great West makes written and/or oral forward-looking statements within the which means of relevant securities legal guidelines, together with on this release. Forward-looking info contains statements which are predictive in nature, depend on or discuss with future occasions or situations, or embrace phrases similar to “achieve”, “ambition”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “initiatives”, “intend”, “may”, “objective”, “opportunity”, “plan”, “potential”, “project”, “target”, “will” and different related expressions or adverse variations of these phrases. These statements embrace, with out limitation, statements concerning the anticipated closing of the offering of the bonds, the issuance of the bonds, and the meant use of proceeds from the offering of the bonds.

Forward-looking statements are primarily based on expectations, forecasts, estimates, predictions, projections and conclusions about future occasions that have been present on the time of the statements and are inherently subject to, amongst different issues, dangers, uncertainties and assumptions concerning the Company, financial elements and the financial companies industry usually, together with the insurance coverage, wealth and retirement options industries. They aren’t ensures of future efficiency, and precise occasions and outcomes may differ materially from these expressed or implied by forward-looking statements. Many of these assumptions are primarily based on elements and occasions that aren’t within the control of the Company and there may be no assurance that they may show to be appropriate. Whether or not precise outcomes differ from forward-looking info might rely upon quite a few elements, developments and assumptions. These assumptions and elements are mentioned in Great West’s filings with securities regulators, together with however not restricted to elements set out beneath “Risk Factors” in Great West’s annual info type dated February 11, 2026, and beneath “Risk Management” and “Summary of Critical Accounting Estimates” in Great West’s management’s dialogue and evaluation for the twelve months ended December 31, 2025, which, together with different filings, can be found for review at www.sedarplus.com. The reader can also be cautioned to think about these and different elements, uncertainties and potential occasions rigorously and to not place undue reliance on forward-looking info. Other than as particularly required by relevant law, Great West doesn’t intend to replace any forward-looking info whether or not as a end result of new info, future occasions or in any other case.

Disclaimer

This announcement doesn’t represent an offer of any securities to the public within the United Kingdom and is directed solely at individuals within the United Kingdom having skilled expertise in issues referring to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and to these individuals to whom it could in any other case lawfully be distributed.

No EEA PRIIPs key info doc (KID)/CCI product abstract has been ready as not accessible to retail buyers within the European Economic Area or the United Kingdom.

The bonds haven’t been and won’t be registered beneath the United States Securities Act of 1933, as amended, or any state securities legal guidelines, and is probably not supplied, offered or delivered, straight or not directly, within the United States absent registration or an utility exemption from the registration necessities. This information release doesn’t represent an offer or invitation to sell or a solicitation of an offer or invitation to buy or subscribe, nor shall there be any sale of, such securities in any jurisdiction wherein such offer, invitation, solicitation or sale can be illegal.

The Bonds won’t be certified for distribution to the public beneath the securities legal guidelines of any province or territory of Canada and is probably not supplied or offered in Canada, straight or not directly, different than pursuant to relevant non-public placement exemptions.

A credit ranking for a security isn’t a suggestion to buy, sell or maintain securities, doesn’t deal with the probability or timing of reimbursement and could also be subject to revision or withdrawal at any time by the assigning ranking organisation. Similar scores for various varieties of issuers and on differing types of securities don’t essentially imply the identical factor. The significance of every ranking needs to be analysed independently from some other ranking.

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