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Sun Life Assurance to redeem all 6.65% series 3 debentures due 2015
By Devika Patel
Knoxville, Tenn., Sept. 2 - Sun Life Assurance Co. of Canada said it will redeem all of its C$300 million in 6.65% series 3 debentures due Oct. 12, 2015 on Oct. 12.
The securities were issued by Clarica Life Insurance Co. and will be redeemed at par plus interest to the redemption date.
The stock life insurance company is based in Wellesley Hills, Mass.
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