Not for distribution to U.S. news wire services or dissemination in the United
WINNIPEG, May 22, 2014 /CNW/ - Great-West Lifeco Inc. announced today the
completion of its offering of 8,000,000 5.25% Non-Cumulative First Preferred
Shares, Series S through a syndicate of underwriters co-led by BMO Capital
Markets and Scotiabank for gross proceeds of $200 million. The Series S Shares
will be listed for trading on the Toronto Stock Exchange under the symbol
The Series S Shares 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 news release shall not constitute an offer to
sell or the solicitation of an offer to buy nor shall there be any sale of the
Series S Shares in any State in which such offer, solicitation or sale would
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 Great-West Life, London Life, Canada Life, Irish Life, Great-West
Financial and Putnam Investments. Great-West Lifeco and its companies have
over $806 billion* in consolidated assets under administration, and are
members of the Power Financial Corporation group of companies.
*Assets as of March 31, 2014
SOURCE Great-West Lifeco Inc.
Marlene Klassen, APR Assistant Vice-President, Communication Services
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CO: Great-West Lifeco Inc.
NI: INS NEWSTK
-0- May/22/2014 12:24 GMT
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