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Great-West Lifeco announces pricing of €500 million senior euro bonds

Great-West Lifeco announces pricing of €500 million senior euro bonds 
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE 
UNITED STATES./ 
TSX:GWO 
WINNIPEG, April 11, 2013 /CNW/ - Great-West Lifeco Inc. announced today the 
pricing of €500 million senior euro bonds as part of the company's plan to 
finance its previously announced acquisition of Irish Life Group Limited. 
The €500 million, 10 year bonds will be denominated in euros and will pay an 
annual coupon of 2.50% priced at 99.755% of par to yield 2.528%. The bonds 
are rated A+ by Standard & Poor's Ratings Services (S&P). The bonds will be 
listed on the Irish Stock Exchange and are being sold outside of Canada. This 
is Great-West Lifeco's first debt issuance in the euro market. The transaction 
is expected to close April 18, 2013. 
The offering was made through Joint Lead Managers Barclays Bank PLC and Credit 
Suisse Securities (Europe) Limited. 
The acquisition of Irish Life Group is expected to close in July of 2013, and 
is subject to customary regulatory approvals, including approvals from the 
European Commission under the EU Merger Regulation, and certain closing 
conditions. 
The securities offered have not been and will not be registered under the U.S. 
Securities Act of 1933, as amended, and may not be offered or sold in the 
United States absent registration or an applicable exemption from the 
registration requirements. This press release shall not constitute an offer to 
sell or the solicitation of an offer to buy nor shall there be any sale of the 
securities in any State in which such offer, solicitation or sale would be 
unlawful. 
Great-West Lifeco Inc. (TSX:GWO) is an international financial services 
holding company with interests in life insurance, health insurance, retirement 
and investment services, asset management and reinsurance businesses. 
Great-West Lifeco has operations in Canada, the United States, Europe and Asia 
through The Great-West Life Assurance Company, London Life Insurance Company, 
The Canada Life Assurance Company, Great-West Life & Annuity Insurance Company 
and Putnam Investments, LLC. Great-West Lifeco and its companies have $546 
billion* in assets under administration and are members of the Power Financial 
Corporation group of companies. 
*Assets as of December 31, 2012 
Cautionary Note Regarding Forward-Looking Information 
This release contains some forward-looking statements about Great-West Lifeco, 
including its business operations, strategy and expected financial performance 
and condition. Forward-looking statements include statements that are 
predictive in nature, depend upon or refer to future events or conditions, or 
include words such as "expects", "anticipates", "intends", "plans", 
"believes", "estimates" and similar expressions or negative versions thereof. 
In addition, any statement that may be made concerning future financial 
performance (including revenues, earnings or growth rates), ongoing business 
strategies or prospects and possible future action by Great-West Lifeco, 
including statements with respect to the expected benefits of acquisitions or 
divestitures, are also forward-looking statements. Forward-looking statements 
are based on expectations and projections about future events that were 
current at the time of the statements and are inherently subject to, among 
other things, risks, uncertainties and assumptions about Great-West Lifeco, 
economic factors and the financial services industry generally, including the 
insurance and mutual fund industries. Material factors or assumptions that 
were applied in formulating the forward-looking information contained herein 
include the assumption that the business and economic conditions affecting 
Great-West Lifeco's and Irish Life's respective operations will continue 
substantially in their current state, including, without limitations, with 
respect to industry conditions, general levels of economic activity, market 
prices for products provided, business competition, continuity and 
availability of personnel and third party service providers, local and 
international laws and regulations, foreign exchange rates and interest rates, 
inflation, taxes, and that there will be no unplanned material changes to 
Great-West Lifeco's or Irish Life's facilities, customer and employee 
relations and credit arrangements. 
Forward-looking statements are not guarantees of future performance, and 
actual events and results could differ materially from those expressed or 
implied by forward-looking statements due to, but not limited to, important 
factors such as sales levels, premium income, fee income, expense levels, 
mortality experience, morbidity experience, policy lapse rates, taxes, general 
economic, political and market factors in North America and internationally, 
interest and foreign exchange rates, global equity and capital markets, 
business competition, technological change, changes in government regulations, 
changes in accounting policies and the effect of applying future accounting 
policy changes, unexpected judicial or regulatory proceedings, catastrophic 
events, and Great-West Lifeco's ability to complete strategic transactions and 
integrate acquisitions. The reader is cautioned that the foregoing list of 
important factors is not exhaustive, and there may be other factors, including 
factors set out under "Risk Management and Control Practices" and "Summary of 
Critical Accounting Estimates" in Great-West Lifeco's 2012 Annual Management's 
Discussion and Analysis and any listed in other filings with securities 
regulators, which are available for review at www.sedar.com. The reader is 
also cautioned to consider these and other factors carefully and to not place 
undue reliance on forward-looking statements. Other than as specifically 
required by applicable law, Great-West Lifeco does not intend to update any 
forward-looking statements whether as a result of new information, future 
events or otherwise. 
Marlene Klassen, APR Assistant Vice-President, Communication Services 
204.946.7705 
SOURCE: Great-West Lifeco Inc. 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/April2013/11/c4360.html 
CO: Great-West Lifeco Inc.
ST: Manitoba
NI: INS LOAN MNA MNA  
-0- Apr/11/2013 15:06 GMT
 
 
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