Transaction|June 26, 2008
Sun Life Financial completes C$350 million offering of subordinated unsecured debentures
Torys acted as counsel to Sun Life Financial with a team that included Philip Mohtadi, Melissa Ewert, Maya Zor and Zack Newton (corporate/securities) and Kathy Moore (tax).
On June 26, 2008, Sun Life Financial Inc. completed a public offering of C$350 million principal amount of subordinated unsecured 5.12% fixed/floating debentures due 2018. The offering was co-led by RBC Dominion Securities Inc. and Scotia Capital Inc., and the agency syndicate included Merril Lynch Canada Inc., HSBC Securities (Canada) Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., National Bank Financial Inc. and TD Securities Inc.
Sun Life Financial is a leading international financial services organization with total group assets under management of C$427 billion.
Further information is found on Canada Newswire's website.