OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned an issue rating of “bbb+” to the recently issued CAD 500 million 2.6% of Series 2015-1 subordinated unsecured fixed/floating debentures due 2025 issued by Sun Life Financial Inc. (SLF) (Ontario, Canada) [NYSE: SLF]. The outlook assigned to the rating is stable. A.M. Best expects SLF to utilize the net proceeds from the debentures to fund, in part, the previously announced intent to acquire Assurant Inc.’s. employee benefit business at a cos
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