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Sun Life completes debt offering in Canada

Sun Life Financial Inc. completed a public offering of C$750 million principal amount of series 2019-1 subordinated unsecured 2.38% fixed/floating debentures due 2029.

The net proceeds will be used to finance or refinance, in whole or in part, new and/or existing green or social assets that meet the eligibility criteria set out under Sun Life's sustainability bond framework.