Sun Life Financial Inc. and Affiliates: Rating Report

On December 13, 2017, DBRS Limited (DBRS) confirmed Sun Life Financial Inc.’s (SLF or the Company) Issuer Rating and Senior Unsecured Debentures rating at “A,” as well as its Subordinated Unsecured Debentures rating at A (low) and Preferred Shares rating at Pfd-2. DBRS also confirmed Sun Life Assurance Company of Canada’s (Sun Life Assurance) Financial Strength Rating and Issuer Rating at AA (low), as well as its Subordinated Debt rating at A (high). At the same time, DBRS confirmed Sun Life Capital Trust’s SLEECS Series B rating and Sun Life Capital Trust II’s SLEECS Series 2009-1 rating at “A.” All trends are Stable.