Manulife Financial (MFC) Stock on December 3, 2025: $1 Billion Bond Deal, Asia Pivot and 2026 Forecasts Explained
Manulife Financial priced a US$1 billion public offering of 4.986% senior notes due 2035 on December 2, aiming to use proceeds for general corporate purposes. Shares closed near 52-week highs on both the TSX and NYSE following strong earnings and a dividend increase. The company also announced a new 50:50 life insurance joint venture in India with Mahindra & Mahindra.
