Senior Unsecured Debentures Presented By Sun Life Financial
Sun Life Financial Inc. has confirmed that it will be issuing in Canada nearly $300 million basic amount of Series E Senior Unsecured 4.57% Debentures which will be paid by 2021. The proposal is projected to be settled on August 23, 2011 and the proceeds will be employed for universal corporate resolutions that consist of investments in partners. Specifics of the offering will be fixed out in an evaluating increment that the Business will issue pursuant to its short form base shelf directory and its catalogue development dated April 12, 2011. The evaluating development will be available on the SEDAR website for Sun Life Financial Inc. at www.sedar.com.
Excerpt:
“The offering is expected to close on August 23, 2011 and the proceeds will be used for general corporate purposes, including investments in subsidiaries.”
Original article can be found at:
http://finance.yahoo.com/news/Sun-Life-Financial-announces-prnews-324976399.html
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