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Sun Life Capital Trust II announces intention to redeem Sun Life ExchangEable Capital Securities - Series 2009-1

PR Newswire - Fri Nov 15, 7:00AM CST

TORONTO , Nov. 15, 2019 /PRNewswire/ - Sun Life Capital Trust II, a subsidiary of Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF), today announced its intention to redeem at par on December 31, 2019 , all of its outstanding $500 million principal amount of Sun Life ExchangEable Capital Securities – Series 2009-1 (the "SLEECS – Series 2009-1"). The SLEECS – Series 2009-1 are redeemable at the Trust's option on December 31, 2019 , at a redemption price per SLEECS – Series 2009-1 equal to $1,000 plus accrued and unpaid interest to but excluding that date. Notice will be delivered to holders of SLEECS – Series 2009-1 in accordance with the terms outlined in the prospectus for the SLEECS – Series 2009-1. After the SLEECS – Series 2009-1 are redeemed, all interest on the SLEECS – Series 2009-1 will cease to accrue and holders of SLEECS – Series 2009-1 will not be entitled to exercise any rights as holders other than to receive the redemption price.

About Sun Life

Sun Life is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life has operations in a number of 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 September 30, 2019 , Sun Life had total assets under management of $1,063 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









Media Relations Contact:



Investor Relations Contact:

Noah Zatzman



Leigh Chalmers

Manager, Media & PR



Senior Vice-President, Head of Investor

Corporate Communications

T. 416-526-4208



Relations & Capital Management

T. 647-256-8201

Noah.Zatzman@sunlife.com



investor.relations@sunlife.com

 

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SOURCE Sun Life Financial Inc.

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