Sun Life Financial Announces an Offering of Subordinated Unsecured Debentures

Sun Life Financial Inc.

announced today that it intends to issue in Canada $800 million principal amount of Series 2012-1 Subordinated Unsecured 4.38% Fixed/Floating Debentures due 2022. The offering is expected to close on March 2, 2012, and the proceeds will be used for general corporate purposes, which may include investments in subsidiaries and repayment of indebtedness.