Sun Life completes offering of C$1B of subordinated unsecured debentures
Date Closed
May 8, 2020
Lead Office
Toronto
Value
1.00 Billion CAD
On May 8, 2020, Sun Life Financial Inc. completed the public offering in Canada of C$1 billion principal amount of Series 2020-1 Subordinated Unsecured 2.58% Fixed/Floating Debentures due 2032.
Sun Life is an international financial services organization providing insurance, wealth and asset management solutions to individual and corporate clients with operations in a number of markets worldwide.
McCarthy Tétrault LLP advised the syndicate of agents co-led by RBC Capital Market, BMO Capital Markets and TD Securities with a team led by Andrew Armstrong that included Mariko Rivers, Gabrielle Richards, and Kabir Jamal.