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Sun Life’s New Green and Social Bond Offering
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Sun Life’s New Green and Social Bond Offering

Sun Life Financial (TSE:SLF) has released an update.

Sun Life Financial announces its third sustainability bond offering in Canada, with plans to issue $750 million in subordinated unsecured debentures to finance green and social assets aligned with their 2024 Sustainability Bond Framework. The proceeds are directed towards investments in renewable energy, affordable housing, and community-supportive facilities, reflecting Sun Life’s commitment to ESG factors and sustainable investing. The Framework, evaluated by Morningstar Sustainalytics, adheres to international guidelines and is part of Sun Life’s broader strategy to support a low-carbon, inclusive society.

For further insights into TSE:SLF stock, check out TipRanks’ Stock Analysis page.

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