TSX:SLFInsurance
Sun Life (TSX:SLF) Valuation After $1 Billion Subordinated Debenture Move for Future Growth
Sun Life Financial (TSX:SLF) just moved to raise CA$1 billion through subordinated unsecured debentures, a financing step that strengthens its Tier 2 capital and signals confidence in funding future growth and acquisitions.
See our latest analysis for Sun Life Financial.
The timing of this CA$1 billion issue lines up with a stock that has cooled off in the short term, with a 30 day share price return of minus 5.88 percent and a year to date share price return of minus 4.97 percent, but still...