TORONTO, May 19 /CNW/ - Sun Life Financial Inc. (TSX/NYSE: SLF) today announced that it will redeem all of the outstanding $300 million
principal amount of Series C Senior Unsecured 5.00% Fixed
Floating/Debentures due in 2031, (the "Debentures") in accordance with
the redemption terms attached to the Debentures.
All of the issued and outstanding Debentures will be redeemed on July
11, 2011 (the "Redemption Date") at a redemption price equal to the
principal amount of the Debentures together with accrued and unpaid
interest to the Redemption Date. Interest on the Debentures shall cease
to accrue from and after the Redemption Date.
About Sun Life Financial
Sun Life Financial is a leading international financial services
organization providing a diverse range of protection and wealth
accumulation products and services to individuals and corporate
customers. Chartered in 1865, Sun Life Financial and its partners today
have operations in key markets worldwide, including Canada, the United
States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan,
Indonesia, India, China and Bermuda. As of March 31, 2011, the Sun Life
Financial group of companies had total assets under management of $469
billion. For more information please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and
Philippine (PSE) stock exchanges under the ticker symbol SLF.
Note to Editors: All figures in Canadian dollars.
SOURCE Sun Life Financial Inc.
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