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Sun Life completes its first sustainability bond offering

Aug. 13, 2019 12:04 PM ETSun Life Financial Inc. (SLF) Stock, SLF:CA StockSLFBy: Liz Kiesche, SA News Editor1 Comment
  • Sun Life Financial (SLF +0.8%) completes the public offering in Canada of C$750M (US$566M) of subordinated unsecured 2.38% fixed/floating debentures due 2029.
  • An amount equivalent to the net proceeds from the offering will be used to finance or refinance new and/or existing green or social assets that meet the eligibility criteria set out under Sun Life's Sustainability Bond Framework.

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