Manulife Financial Completes $2.5B Equity Offering

Manulife Financial Corporation completed an offering of common shares on November 30, 2009, raising a total of $2.5 billion. The common shares were offered through a syndicate of underwriters by way of a “bought deal” led by Scotia Capital Inc. and RBC Capital Markets Inc.

Manulife Financial Corporation was represented in-house by Jean-Paul (J-P.) Bisnaire, senior executive vice president, business development and general counsel and David Kerr, assistant vice president, senior counsel and assistant corporate secretary; in Canada by Torys LLP with a team consisting of Sharon Geraghty, David Seville and Jon Reay (securities); Blair Keefe (insurance regulatory); and James Welkoff and Catrina Card (tax); and in the United States by Debevoise & Plimpton LLP with a team consisting of Alan Paley and Anne Meyer.

The underwriters were represented by McCarthy Tétrault LLP with a team consisting of Barry Ryan, Andrew Parker and Matthew Appleby (business law) and Jerald Wortsman and Gabrielle Richards (tax).

Lawyer(s)

Sharon C. Geraghty Matthew Appleby Blair W. Keefe Jon Reay Alan H. Paley James W. Welkoff Barry J. Ryan Andrew C. Parker Gabrielle M.R. Richards Jerald M. Wortsman Catrina M. Card David A. Seville

Firm(s)

Torys LLP Debevoise & Plimpton LLP McCarthy Tétrault LLP