OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has assigned a Long-Term Issue Credit Rating of “bbb+” to the recently issued USD $750 million 4.061% subordinated notes due 2032 of Manulife Financial Corporation (MFC) (Toronto, Canada). The outlook assigned to the Credit Rating is stable. The proceeds from the offering will be utilized for general corporate purposes, including future refinancing. Holders of the subordinated notes will receive an initial annual yield of 4.061% paid semi-annually endin