Opérations et transactions|12 août 2011
Sun Life Financial completes C$200 million public offering of preferred shares
Torys acted as counsel to Sun Life Financial with a team that included Philip Mohtadi, Matthew Atkey, Kathy Moore, David Leith and Ryan Lax.
On August 12, 2011, Sun Life Financial Inc. (TSX, NYSE: SLF) announced the successful completion of a Canadian public offering of C$200 million of Class A Non-Cumulative Rate Reset Preferred Shares Series 10R (the Series 10R Shares) at a price of C$25.00 per share and yielding 3.90% annually. The underwriting syndicate was co-led by Scotia Capital Inc., BMO Nesbitt Burns Inc., and RBC Dominion Securities Inc.
The Series 10R Shares were issued under a prospectus supplement dated August 5, 2011, which was issued pursuant to a short form base shelf prospectus dated April 12, 2011. The Series 10R Shares are listed on the TSX under the ticker symbol SLF.PR.H. The Series 10R Shares have not been, and will not be, registered under the United States Securities Act.
Sun Life Financial, headquartered in Toronto, is an international financial services organization, offering a diverse range of life and health insurance, savings, investment management, retirement, and pension products and services to both individual and corporate customers.
Further information is found on Sun Life's website.
The Series 10R Shares were issued under a prospectus supplement dated August 5, 2011, which was issued pursuant to a short form base shelf prospectus dated April 12, 2011. The Series 10R Shares are listed on the TSX under the ticker symbol SLF.PR.H. The Series 10R Shares have not been, and will not be, registered under the United States Securities Act.
Sun Life Financial, headquartered in Toronto, is an international financial services organization, offering a diverse range of life and health insurance, savings, investment management, retirement, and pension products and services to both individual and corporate customers.
Further information is found on Sun Life's website.