Sun Life Financial (TSE:SLF) has released an update.
Sun Life Financial Inc. has successfully completed its third Sustainability Bond offering, raising $750 million through the sale of Debentures in Canada, which will finance eligible green and social assets as defined by their 2024 Sustainability Bond Framework. The securities, due in 2036, are not registered in the U.S. and cannot be offered or sold there except under certain exemptions. Sun Life, a major financial services firm, manages over $1.47 trillion in assets as of March 2024, with a global footprint in numerous markets.
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