---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-258913"
form_type: "8-K"
ticker: "GNW"
cik: "0001276520"
company_name: "GENWORTH FINANCIAL INC"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T19:50:24.191300+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Genworth receives majority consent to amend RCC, allowing repurchase of 2066 notes tied to 2034 note buybacks

## Summary
- Holders of at least a majority of the 6.500% Senior Notes due 2034 consented to the RCC amendment effective Oct. 18, 2023.
- Amendment permits Genworth to repay, redeem or repurchase $2,000 of 2066 junior subordinated notes per $1,000 of 2034 notes repurchased on/after Oct. 23, 2023.
- RCC will terminate if outstanding principal of the 2034 notes falls below $100 million.
- Amendment is contingent on Genworth fulfilling its obligation to repurchase 2034 notes under the related Note Repurchase and Consent Agreement.

## SEC filing metadata
- accession: 0001193125-23-258913
- form_type: 8-K
- ticker: GNW
- cik: 0001276520
- company_name: GENWORTH FINANCIAL INC
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1276520/000119312523258913/0001193125-23-258913-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1276520/000119312523258913/d737301d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-258913
- JSON: https://secwatch.observer/filing/0001193125-23-258913.json
- Plain text: https://secwatch.observer/filing/0001193125-23-258913.txt

## Key facts
- Material Agreements
  GENWORTH FINANCIAL INC amended RCC Amendment with Holdings (effective 2023-10-18).
  - Action: amendment
  - Counterparty: Holdings
  - Effective: 2023-10-18
  source text: Background On October 18, 2023, Genworth Holdings, Inc. (“Holdings”), a direct wholly owned subsidiary of Genworth Financial, Inc., received the requisite consents consisting of a majority in principal amount of Holdings’ 6.500% Senior Notes due 2034, pursuant to its previously announced solicitation of consents (the “Consent Solicitation”) to amend the Replacement Capital Covenant, dated as of November 14, 2006 (the “RCC”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1276520/000119312523258913/0001193125-23-258913-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.