New Financing Arrangements, Agreements, Products, Senior Notes Pricing and Campaigns - Research Report on MetLife, Prudential Financial, Lincoln National, Genworth Financial, and Manulife Financial
NEW YORK, August 20, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting MetLife, Inc. (NYSE: MET), Prudential Financial, Inc. (NYSE: PRU), Lincoln National Corp. (NYSE: LNC), Genworth Financial Inc. (NYSE: GNW), and Manulife Financial Corporation (NYSE: MFC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
MetLife, Inc. Research Report
On August 5, 2013, MetLife, Inc. (MetLife) together with SunTrust Banks, Inc. (SunTrust) announced that SunTrust will finance commercial real estate mortgages originated and managed by MetLife Real Estate Investors. Steven J. Goulart, Executive Vice President and CEO of MetLife, said, "We welcome SunTrust as a client and partner as it brings strong regional and national expertise that complements our long-standing real estate investment heritage. This unique partnership supports our larger strategy to provide innovative and reliable investment vehicles to our clients." The Company stated that the agreement for MetLife's newly created investment management platform is structured over three years with a possible overall investment from SunTrust of up to $5 billion (subject to approval of each loan), and reinforces SunTrust's commitment to commercial real estate. The Full Research Report on MetLife, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/afa1_MET]
Prudential Financial, Inc. Research Report
On August 15, 2013, Prudential Financial, Inc. (Prudential Financial) and Bank Simpanan Nasional (BSN) announced that they have reached an agreement for Prudential's U.S. insurance company, The Prudential Insurance Company of America (PICA) and BSN to purchase 100% of Uni.Asia Life Assurance Berhad's (UAL) issued and paid-up ordinary share capital from Uni.Asia Capital Sdn Bhd. PICA and BSN will pay a total cash consideration of (Malaysian Ringgit) RM518 million or c.$160 million for the UAL shares. On the same day, the Company also declared quarterly dividend of $0.40 per share of common stock, payable on September 19, 2013, to shareholders of record as of August 27, 2013. The Full Research Report on Prudential Financial, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/de80_PRU]
Lincoln National Corp. Research Report
On August 13, 2013, Lincoln National Corp. (Lincoln National) announced the launch of its next generation Lincoln SVUL ONE (2013), a survivorship variable universal life insurance product which combines a guaranteed lifetime death benefit with the freedom to pursue market-driven growth potential that can help meet future liquidity needs. Michael Burns, Senior Vice President, Life Solutions, said: "Lincoln focuses on continually providing a diverse mix of solutions to help advisors meet their clients' specific needs, and keep financial plans on track in any market environment. As the latest example, our enhanced SVULONE helps strengthen the position of advisors working with clients insuring two lives in the process of building a financial legacy, providing financial flexibility, and meeting a variety of financial planning needs ranging from estate tax funding to wealth transfer." The Full Research Report on Lincoln National Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/92ca_LNC]
Genworth Financial Inc. Research Report
On August 5, 2013, Genworth Holdings, Inc. (Genworth Holdings), a direct subsidiary of Genworth Financial Inc. (Genworth Financial), announced that it has priced a public offering of 10-year senior notes in an aggregate principal amount of $400 million, with an interest rate of 4.90% per year. The Company mentioned that it intends to use the net proceeds from this offering together with cash on hand at Genworth Holdings, to redeem at least a majority of the outstanding aggregate principal amount of its 4.95% senior notes due 2015, and to pay related premium and accrued interest on such notes and the remainder, for general corporate purposes, which may include, redemption or repurchase of debt including additional senior notes due 2015. The Full Research Report on Genworth Financial Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0cc4_GNW]
Manulife Financial Corporation Research Report
On August 15, 2013, Manulife Financial Corporation (Manulife Financial) announced that Manulife Hong Kong has launched a multi-channel, consumer-oriented campaign to encourage Hongkongers to re-think how prepared they are for retirement. According to Manulife Financial, the campaign titled, "RetireSimple" is developed around the concept, "A life that's simple now won't be simple when you retire." Commenting on the launch, Michael Huddart, Manulife's Executive Vice President and General Manager, Greater China, said, "Manulife will help our customers understand the realities of retirement and help them achieve their goals through utilizing our wide range of personalized financial solutions covering pensions, protection, wealth accumulation and retirement income so that they can achieve financial independence." The Full Research Report on Manulife Financial Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4d24_MFC]
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