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Sun Life Financial Inc.'s Senior Unsecured Debt Assigned 'A+'; Other Ratings Affirmed Nov 05
Standard & Poors, November 2005
TORONTO (Standard & Poor's) Nov. 16, 2005--Standard & Poor's Ratings Services today said it assigned its 'A+' senior unsecured debt rating to Sun Life Financial Inc.'s (Sun Life Financial; A+/Positive /A-1; TSX: SLF-T; NYSE: SLF-N) proposed series A senior unsecured fixed-floater debenture issuance of up to C$600 million due 2035. At the same time, Standard & Poor's affirmed the existing ratings on Toronto-based Sun Life Financial and its primary insurance operating companies, collectively known as Sun Life: Sun Life Assurance Co. of Canada (AA+/Stable/A-1+), Sun Life Assurance Co. of Canada (U.S.) (AA+/Stable/--), and Sun Life Insurance & Annuity Co. of New York (AA+/Stable/--). The outlook on Sun Life Financial is positive. The proceeds from the senior unsecured debt will be...
Companies mentioned in this report are: Sun Life Financial Inc.,Sun Life Assurance Co. of Canada,Sun Life Assurance Co. of Canada (U.S.),Sun Life Insurance & Annuity Co. of New York
Action: New Rating
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Research type: News
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Sun Life Financial Inc.,Sun Life Assurance Co. of Canada,Sun Life Assurance Co. of Canada (U.S.),Sun Life Insurance & Annuity Co. of New York