Sun Life Announces New Interest Rate for Limited Recourse Capital Notes
Sun Life Financial Inc. announced that the interest rate on its $1 billion principal amount of Limited Recourse Capital Notes Series 2021-1 will reset to 5.614% per annum, effective June 30, 2026 for a five-year period. The new rate is calculated as the Government of Canada Yield plus 2.604%. Interest payments remain semi-annual.

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