TORONTO, Aug. 13, 2019 /CNW/ - Sun Life Financial Inc.
(TSX: SLF) (NYSE: SLF) (the "Company") announced today the
successful completion of the public offering in Canada of $750
million principal amount of Series 2019-1 Subordinated
Unsecured 2.38% Fixed/Floating Debentures due 2029 (the
"Debentures"). An amount equivalent to the net proceeds from
the offering of the Debentures will be used to finance or
refinance, in whole or in part, new and/or existing green or social
assets that meet the eligibility criteria set out under Sun Life's
Sustainability Bond Framework.
The Debentures were sold under a pricing supplement dated
August 7, 2019, issued pursuant to
the Company's short form base shelf prospectus and its prospectus
supplement dated March 28, 2019, all
of which are available on the SEDAR website for Sun Life at
www.sedar.com.
The Debentures have not been and will not be registered under
the United States Securities Act of 1933, as amended, and may not
be offered, sold or delivered, directly or indirectly, within
the United States of America and
its territories and possessions or to, or for the account or
benefit of, United States persons
except in certain transactions exempt from the registration
requirements of such Act. This release does not constitute an offer
to sell or a solicitation to buy such securities in the United States.
About Sun Life
Sun Life is a leading international financial services
organization providing insurance, wealth and asset management
solutions to individual and corporate 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,
2019, Sun Life had total assets under management of
$1,025 billion. For more information
please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New
York (NYSE) and Philippine (PSE) stock exchanges under the
ticker symbol SLF.
Note to Editors: All figures in Canadian dollars.
Media Relations
Contact:
|
Investor Relations
Contact:
|
Connie
Soave
|
Leigh
Chalmers
|
Director,
Communications
|
Senior
Vice-President, Head of Investor Relations & Capital
Management
|
Sun Life
|
Sun Life
|
T.
416-407-5721
|
T.
647-256-8201
|
connie.soave@sunlife.com
|
investor.relations@sunlife.com
|
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SOURCE Sun Life Financial Inc.