BOSTON, April 21 /PRNewswire-FirstCall/ -- John Hancock Investors Trust , a John Hancock closed-end fund that utilizes debt leverage, today announced its new credit facility provider.
Effective April 21, 2010, John Hancock Investors Trust has entered into a new Committed Facility Agreement ("CFA") with a subsidiary of BNP Paribas. BNP Paribas is a European leader in global banking and financial services. BNP Paribas has a presence in 83 countries and more than 205,000 employees, with core businesses in Retail Banking, Corporate & Investment Banking, and Investment Solutions. The new CFA replaces the credit facility agreement with the previous credit facility provider.
Additional information about John Hancock Investors Trust or its use of leverage can be found in the Fund's annual and semi-annual shareholder reports, which are available on the Fund's website at http://www.jhfunds.com/. Information about the new CFA will be available in the Fund's next semi-annual shareholder report.
Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.
About John Hancock Funds
The Boston-based mutual fund business unit of John Hancock Financial, John Hancock Funds, manages more than $53.7 billion in open-end funds, closed-end funds, private accounts, retirement plans and related party assets for individual and institutional investors at December 31, 2009.
About John Hancock Financial and Manulife Financial Corporation
John Hancock Financial is a unit of Manulife Financial Corporation, a leading Canadian-based financial services group serving millions of customers in 22 countries and territories worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, Manulife Financial Corporation offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$440 billion (US$420 billion) at December 31, 2009.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at http://www.manulife.com/.
The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, fixed and variable annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at http://www.johnhancock.com/.
John Hancock Funds
CONTACT: Media Contact, Jay Aronowitz, +1-617-663-2702, Investor
Contact, +1-800-843-0090
Web Site: http://www.johnhancock.com/
