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Genworth Financial subsidiary redeems senior notes

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Genworth Financial subsidiary redeems senior notes

Genworth Financial Inc.'s Genworth Holdings Inc. subsidiary redeemed all $397 million of its outstanding 7.700% senior 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 Jan. 19.