June 21, 2018 1:16 AM ET

Diversified Financial Services

Company Overview of Great-West Lifeco Finance (Delaware) LP

Company Overview

Great-West Lifeco Finance (Delaware) LP operates as a subsidiary of Great-West Lifeco Inc.

, DE 

United States

Key Executives for Great-West Lifeco Finance (Delaware) LP

Great-West Lifeco Finance (Delaware) LP does not have any Key Executives recorded.

Great-West Lifeco Finance (Delaware) LP Key Developments

Great-West Lifeco Completes Offering of USD 700 Million of Senior Notes Due 2047

Great-West Lifeco Inc. (Lifeco) announced that its subsidiary, Great-West Lifeco Finance (Delaware) LP (GWLP), has completed its previously announced offering of USD 700 million aggregate principal amount of 4.15% senior notes due 2047. The notes are fully and unconditionally guaranteed by Lifeco. Lifeco and GWLP have entered into a purchase agreement relating to the issue and sale of the notes with Wells Fargo Securities, LLC, BMO Capital Markets Corp., BMO Nesbitt Burns Inc., J.P. Morgan Securities LLC and RBC Capital Markets, LLC, who acted as joint book-running managers for the offering.

Great-West Lifeco Finance (Delaware) LP Prices USD 700 Million Principal Amount of 4.15% Senior Notes Due 2047

Great-West Lifeco Inc. (Lifeco) announced that its subsidiary, Great-West Lifeco Finance (Delaware) LP (GWLP), priced USD 700 million principal amount of 4.15% senior notes due 2047. The notes will be fully and unconditionally guaranteed by Lifeco. The notes will be issued at a price equal to 99.218% of par. The offering is expected to close on May 26, 2017, subject to the satisfaction of customary closing conditions. GWLP expects to use the net proceeds of the offering to fund all or a portion of the early redemption of its 5.691% subordinated debentures due 2067. Wells Fargo Securities, LLC, BMO Capital Markets Corp., J.P. Morgan Securities LLC and RBC Capital Markets, LLC are acting as joint book-running managers for this offering. The notes are being sold to qualified institutional buyers in the United States in accordance with Rule 144A under the U.S. Securities Act of 1933, as amended (the Securities Act), and to persons outside the United States in accordance with Regulation S under the Securities Act.

Great-West Lifeco Finance (Delaware) LP Announces Intention to Redeem 5.691% Subordinated Debentures Due June 21, 2067

Great-West Lifeco Inc. announced that 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 on June 21, 2017 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.

Similar Private Companies By Industry

Company Name Region
1199 S.E.I.U. Federal Credit Union United States
121 Financial Credit Union United States
123 LumpSum Holdings, LLC United States
12five Capital, LLC United States
167th TFR Federal Credit Union United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States
NYC2012, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Great-West Lifeco Finance (Delaware) LP, please visit --. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.