TORONTO, Nov. 2, 2011 /CNW/ - Sun Life Capital Trust, a subsidiary of
Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF), today announced its
intention to redeem at par on December 31, 2011, all of its outstanding
$950 million principal amount of Sun Life ExchangEable Capital
Securities-Series A (the "SLEECS-Series A"). The SLEECS-Series A are
redeemable at the Trust's option on December 31, 2011, at a redemption
price per SLEECS-Series A equal to $1,000 plus unpaid "indicated yield"
to that date. Notice will be delivered to holders of SLEECS-Series A in
accordance with the terms outlined in the prospectus for the
After the SLEECS-Series A are redeemed, holders of SLEECS-Series A will
cease to be entitled to distributions of "indicated yield" and will not
be entitled to exercise any rights as holders other than to receive the
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 September 30, 2011, the Sun
Life Financial group of companies had total assets under management of
$459 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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