OTTAWA (dpa-AFX) - Sun Life Financial Inc. (SLF, SLF.TO) announced that it intends to issue in Canada C$1 billion principal amount of Series 2025-1 Subordinated Unsecured 4.14% Fixed/Floating Debentures due 2037.
The offering is expected to close on September 11, 2025.
The company said it will use net proceeds for general corporate purposes, which may include supporting the acquisition of the Company's remaining interests in the SLC Management affiliates BentallGreenOak and Crescent Capital Group LP, investments in subsidiaries, repayment of indebtedness and other strategic investments.
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