Sun Life announces intention to redeem Series 2019-1 Subordinated Unsecured 2.38% Fixed/Floating Debentures
SLFSun Life Financial(SLF) Prnewswire·2024-06-15 05:01

TORONTO, June 14, 2024 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) ("Sun Life") today announced its intention to redeem all of the outstanding $750 million principal amount of Series 2019-1 Subordinated Unsecured 2.38% 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 August 13, 2024 at a redemption ...