Opérations et transactions|31 mars 2009
Sun Life Financial completes C$500 million offering of subordinated unsecured debentures
Torys acted as counsel to Sun Life Financial with a team that included Philip Mohtadi, Maya Zor (corporate/securities) and Kathryn Moore (tax).
On March 31, 2009, Sun Life Financial Inc. (Sun Life) announced the successful completion of a public offering in Canada of C$500 million principal amount of Series 2009-1 subordinated unsecured 7.90% fixed/floating debentures due 2019. The debentures were sold on an underwritten basis by a syndicate co-led by RBC Dominion Securities Inc. and Scotia Capital Inc.
The net proceeds will be used for general corporate purposes, including investments in subsidiaries.
Further information is found on Sun Life's website.