Genworth Completes Redemption of Outstanding 2020 Senior Notes

RICHMOND, Va., Jan. 21, 2020 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW), announced today that Genworth Holdings, Inc. ("Genworth Holdings"), its direct wholly-owned subsidiary, has completed the redemption of all $397 million aggregate principal amount of its outstanding 7.700% Senior Notes (the "Notes") due 2020. Cash used for the redemption was approximately $409 million, which included the aggregate principal amount of the Notes being redeemed, plus a make-whole premium and accrued and unpaid interest to, but excluding, the redemption date of January 19, 2020.

About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 insurance holding company committed to helping families achieve the dream of homeownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long-term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com.

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SOURCE Genworth Financial, Inc.