Sun Life Financial Inc. plans a domestic offering up to $300 million of senior Unsecured Debentures, the company said Thursday.

The offering of Series D Senior Unsecured 5.70% Debentures due 2019 is expected to close on June 30, and the proceeds will be used for general corporate purposes, including investments in subsidiaries, Sun Life says.

Details of the offering will be set out in a pricing supplement to Sun Life’s short form base shelf prospectus and its prospectus supplement dated April 1.

The Series D Debentures will be sold on a best efforts agency basis by a syndicate co-led by RBC Dominion Securities Inc. and Merrill Lynch Canada Inc.

IE