Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
December 22 2020 - 6:04AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month
of December 2020 |
Commission File Number: 001-15014 |
SUN LIFE FINANCIAL INC.
(the "Company")
(Translation of registrant's name into English)
1
York Street, 31st Floor, Toronto, Ontario, M5J 0B6
(Address of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or
Form 40-F.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):____
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):____
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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Sun
Life Financial Inc.
(Registrant) |
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Date:
December 21, 2020 |
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By: |
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/s/
“Tracie Allan” |
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Tracie Allan |
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Assistant
Vice-President and Managing Counsel, Sun Life Financial
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Exhibit 99.1
Sun Life announces intention to
redeem Series 2016-1 Subordinated Unsecured 3.10% Fixed/Floating Debentures
TORONTO, Dec. 21, 2020 /CNW/ - Sun Life
Financial Inc. (TSX: SLF) (NYSE: SLF) ("Sun Life") today announced its intention to redeem all of the outstanding
$350 million principal amount of Series 2016-1 Subordinated Unsecured 3.10% Fixed/Floating Debentures (the "Debentures")
in accordance with the redemption terms attached to the Debentures. The redemption will be funded from existing cash and liquid
assets.
The Debentures are redeemable at Sun Life's
option on or after February 19, 2021 at a redemption price per Debenture equal to the principal amount together with accrued and
unpaid interest to the date of redemption. Sun Life intends to redeem the Debentures on February 19, 2021 (the "Redemption
Date"). Notice will be delivered to the holders of the Debentures in accordance with the terms outlined in the trust indenture
governing the Debentures.
After the Debentures are redeemed, interest
will cease to accrue from and after the Redemption Date and holders of Debentures will not be entitled to exercise any rights as
holders other than to receive the redemption price.
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 September 30, 2020,
Sun Life had total assets under management of $1,186 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
Forward-Looking Statements
In this forward-looking information section,
"we", "our" and "us" refer to Sun Life and its subsidiaries and joint ventures. Certain statements
in this news release are forward-looking, including, but not limited to, statements (i) relating to our anticipated redemption
of the Debentures, (ii) that are not historical or that are predictive in nature or that depend upon or refer to future events
or conditions, and (iii) that include words such as "will", and similar expressions. All such forward-looking statements
are made pursuant to the "safe harbour provisions" of applicable Canadian securities laws and of the United States Private
Securities Litigation Reform Act of 1995. The forward-looking statements in this news release represent our current expectations,
estimates and projections regarding future events as of the time of this news release and are not historical facts. These
forward-looking statements are not a guarantee of future performance and involve risks and uncertainties and are based on key factors
and assumptions that are difficult to predict, including the assumption that the transaction will be completed. Except as may be
required by applicable Canadian securities laws, we do not undertake any obligation to update or revise any forward-looking statements
contained in this news release. Readers are cautioned that undue reliance should not be placed on these forward-looking statements.
Information about risk factors relating to us can be found in the annual information form of Sun Life for the year ended December
31, 2019 under the heading "Risk Factors" and other regulatory filings filed with or furnished to Canadian and U.S. securities
regulators available at www.sedar.com and www.sec.gov, respectively.
Media Relations Contact: |
Investor Relations Contact: |
Irene Poon |
Leigh Chalmers |
Manager |
Senior Vice-President, Head of Investor |
Corporate Communications |
Relations & Capital Management |
T. 416-988-0542 |
T. 647-256-8201 |
irene.poon@sunlife.com |
investor_relations@sunlife.com |
View
original content to download multimedia:http://www.prnewswire.com/news-releases/sun-life-announces-intention-to-redeem-series-2016-1-subordinated-unsecured-3-10-fixedfloating-debentures-301197095.html
SOURCE Sun Life Financial Inc.
View
original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2020/21/c3010.html
%CIK: 0001097362
CO: Sun Life Financial Inc.
CNW 17:01e 21-DEC-20
This regulatory filing also includes additional resources:
ex991.pdf
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