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Great-West Lifeco unit completes offering of $700M of senior notes

Great-West Lifeco Inc. unit Great-West Lifeco Finance has completed a previously announced offering of $700 million aggregate principal amount of 4.15% senior notes due 2047.

Great-West Lifeco and the subsidiary entered into a purchase agreement related to the issue and sale of the notes with Wells Fargo Securities LLC, BMO Capital Markets Corp., J.P. Morgan Securities LLC and RBC Capital Markets LLC, which acted as joint book-running managers for the offering.