Exhibit 99.1

 

Sun Life redeems Series 2019-1 Subordinated Unsecured 2.38% Fixed/Floating Debentures

TORONTO, Aug. 13, 2024 /CNW/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) ("Sun Life") announced today that it completed the redemption of all of its outstanding $750 million principal amount of Series 2019-1 Subordinated Unsecured 2.38% Fixed/Floating Debentures.

About Sun Life
Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30, 2024, Sun Life had total assets under management of $1.46 trillion. For more information, please visit www.sunlife.com.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Note to editors: All figures in Canadian dollars

Media Relations Contact:	Investor Relations Contact:
Kim Race	David Garg
Director	Senior Vice-President, Capital
Corporate Communications	Management and Investor Relations
T. 416-779-4574	T. 416-408-8649
kim.race@sunlife.com	david.garg@sunlife.com

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SOURCE Sun Life Financial Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2024/13/c8187.html

%CIK: 0001097362

CO: Sun Life Financial Inc.

CNW 17:01e 13-AUG-24