Sun Life Financial Inc. has announced:
its intention to redeem all of its $250,000,000 Class A Non-Cumulative 5-Year Rate Reset Preferred Shares Series 6R (the “Series 6R Shares”) on June 30, 2014.
The Series 6R Shares are redeemable at Sun Life Financial Inc.’s option on June 30, 2014 (the “Redemption Date”) at a redemption price of $25.00 per share, together with all declared and unpaid dividends on such share to but excluding the Redemption Date. Notice will be delivered to the holders of the Series 6R Shares in accordance with the terms governing the Series 6R Shares.
Separately from the payment of the redemption price, the final quarterly dividend of $0.375 per share for the Series 6R Shares will be paid in the usual manner on June 30, 2014, to shareholders of record on May 28, 2014.
This comes as no surprise, since SLF.PR.F is a 6.00%+379 FixedReset that commenced trading 2009-5-20 after being announced 2009-5-8.
This entry was posted on Thursday, May 8th, 2014 at 7:57 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
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SLF.PR.F To Be Redeemed
Sun Life Financial Inc. has announced:
This comes as no surprise, since SLF.PR.F is a 6.00%+379 FixedReset that commenced trading 2009-5-20 after being announced 2009-5-8.
This entry was posted on Thursday, May 8th, 2014 at 7:57 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.