Sun Life redeems Series 2015-1 Subordinated Unsecured 2.60% Fixed/Floating Debentures
Sun Life Financial Inc. (TSX: SLF), on September 25, 2020, announced the successful redemption of all outstanding Series 2015-1 Subordinated Unsecured 2.60% Fixed/Floating Debentures, totaling $500 million. This move reflects the company's strategy in managing its capital structure. Sun Life operates internationally, with significant assets under management amounting to $1,122 billion as of June 30, 2020. The redemption enhances financial flexibility for the firm, indicating a positive step in its overall fiscal management.
- Successful redemption of $500 million in Series 2015-1 Debentures improves capital structure.
- Total assets under management of $1,122 billion as of June 30, 2020.
- None.
TORONTO, Sept. 25, 2020 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that it completed the redemption of all of its outstanding
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, 2020, Sun Life had total assets under management of
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
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SOURCE Sun Life Financial Inc.
