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BRIEF-Sun Bancorp announces redemption of $40 mln of trust preferred securities

May 23 Sun Bancorp Inc

* Sun bancorp, inc. Announces redemption of $40 million of trust preferred securities

* Sun bancorp -redemption price will be equal to 100% of principal amount plus accrued interest

* Sun bancorp inc - redemption of trust v securities is scheduled to occur on june 30, 2017

* Sun bancorp inc - redemption of trust vi securities is scheduled to occur on july 23, 2017 Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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