WINNIPEG, April 26, 2018 /CNW/ - Great-West Lifeco Inc. today announced that its subsidiary, Great-West Lifeco Finance ( Delaware ) LP II, intends to redeem all $500,000,000 aggregate principal amount of its outstanding 7.127% Subordinated Debentures due June 26, 2068 (the "Debentures") on June 26, 2018 (the "Redemption Date") at a redemption price equal to 100% of the principal amount of the Debentures, plus any accrued but unpaid interest to but excluding the Redemption Date. Notice of the redemption will be sent to holders of the Debentures in accordance with the terms of the Indenture dated as of June 26, 2008 pursuant to which the Debentures were issued.