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SOURCE Sun Life Financial Inc.
TORONTO, May 6, 2014 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE:
SLF) today 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,
About Sun Life Financial
Sun Life Financial is a leading international financial services
organization providing a diverse range of protection and wealth
products and services to individuals and corporate customers. Sun Life
Financial and its partners have operations in key markets worldwide,
including Canada, the United States, the United Kingdom, Ireland, Hong
Kong, the Philippines, Japan, Indonesia, India, China, Australia,
Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2014 the Sun
Life Financial group of companies had total assets under management of
$671 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.