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Sun Life Financial announces perpetual Preferred Share issue.

Publication: PR Newswire
Publication Date: 25-JAN-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TORONTO, Jan. 25 /PRNewswire-FirstCall/ -- Sun Life Financial Inc. (TSX, NYSE: SLF) today announced a domestic public offering of $250 million of Class A Non-Cumulative Preferred Shares Series 5 (the "Preferred Shares"). The Preferred Shares will be priced at $25.00 per share and will pay non-cumulative quarterly dividends of $0.28125 per share, yielding...

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