Sun Life completes C$1 billion public offering of subordinated unsecured debentures
On September 11, 2025, Sun Life Financial Inc. (“Sun Life”) completed its previously announced public offering in Canada of C$1 billion principal amount of Series 2025-1 Subordinated Unsecured 4.14% Fixed/Floating Debentures due 2037.
Net proceeds will be used 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.
Further information can be found on Canada Newswire’s website.
Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30, 2025, Sun Life had total assets under management of C$1.54 trillion.