Transaction|November 20, 2009
Sun Life Financial completes issue of innovative Tier 1 securities
Torys acted as counsel to Sun Life Financial with a team that included Philip Mohtadi, Blair Keefe, Kathy Moore, Matthew Atkey and Catherine De Giusti.
On November 20, 2009, Sun Life Financial Inc. (TSX, NYSE: SLF) announced the completion of the Canadian issue of C$500 million principal amount of Sun Life ExchangEable Capital Securities Series 2009-1 due December 31, 2108 (SLEECS Series 2009-1) by Sun Life Capital Trust II, a trust established by Sun Life Assurance Company of Canada (SLA).
The SLEECS Series 2009-1 were issued under a short form prospectus dated November 17, 2009, a copy of which is available on the SEDAR website for Sun Life Assurance Company of Canada. The issue was underwritten by a syndicate co-led by Scotia Capital Inc. and RBC Dominion Securities Inc.
Further information is found on Canada Newswire's website.