Sun Life Financial Inc. announced today the establishment of a five-year unsecured US$1 billion revolving credit facility that will be used for general corporate purposes.

The facility has been made available through a syndicate of banks arranged by RBC Capital Markets. Royal Bank of Canada is acting as the administrative agent for the syndicate.

The facility will substantially replace Sun Life Financial’s existing bilateral lending arrangements. Approximately US$140 million was outstanding under the facility as of the closing on July 20, 2007.