Sun Life Financial Inc. has sucessfully completed a domestic public offering of $500 million of subordinated unsecured debentures, the company said Tuesday.
The Series 2009-1 Subordinated Unsecured 7.90% Fixed/Floating Debentures are due in 2019.
The net proceeds will be used for general corporate purposes, including investments in subsidiaries, Sun Life said.
IE
Sun Life Financial completes $500 million debenture offering
- By: IE Staff
- March 31, 2009 March 31, 2009
- 09:25