PrefBlog

Sun Life Financial has announced:

the successful completion of a Canadian public offering of $200 million of Class A Non-Cumulative Rate Reset Preferred Shares Series 10R (the “Series 10R Shares”) at a price of $25.00 per share and yielding 3.90 per cent annually.

The Series 10R Shares were issued under a prospectus supplement dated August 5, 2011, which was issued pursuant to a short form base shelf prospectus dated April 12, 2011. Copies of those documents are available on the SEDAR website for Sun Life Financial Inc. at www.sedar.com. The Series 10R Shares are listed on the Toronto Stock Exchange under the ticker symbol SLF.PR.H.

SLF.PR.H is a FixedReset, 3.90%+217 announced August 4. The issue traded 285,750 shares in a range of 24.68-87 before closing at 24.70-72, 9×5.

Vital statistics are:

SLF.PR.H will be tracked by HIMIPref™ and incorporated in the FixedReset subindex.

This entry was posted on Friday, August 12th, 2011 at 7:51 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.