Sun Life Financial Inc. · TSX:SLF
Sun Life Financial — Merger or Acquisition (December 2019)
10 slides from Sun Life Financial's merger presentation, Dec 18, 2019
Slide 1: Sun Life to acquire majority stake in InfraRed Capital Partners
Sun Life to acquire majority stake in InfraRed Capital Partners Adding infrastructure equity capabilities to SLC Management and expanding presence in the UK, Europe, and Asia December 18, 2019
Slide 2: Forward-looking statements and Non-IFRS Financial Measures
In this presentation, Sun Life Financial Inc. (“SLF” or “SLF Inc.”), its subsidiaries and, where applicable, its joint ventures and associates are referred to as “we”, “us”, “our”, “Sun Life” and the “Company”. Forward-looking statements Certain statements in this presentation and certain oral state
Slide 3: Transaction Summary
Transaction Summary (1) Sun Life to acquire a majority stake in Sun Life will own 80% of InfraRed as a InfraRed Capital Partners (“InfraRed”), result of consideration that includes a a leading independent private markets closing payment of £300 million manager offering global infrastructure (approxi
Slide 4: InfraRed Capital Partners
InfraRed Global Footprint More than 175 partners and staff AUM by Asset Class* Capital headquartered in London with additional offices in New York, Mexico Partners City, Hong Kong, Seoul, and Sydney Infrastructure US$12B Real Estate Diversified Product Line A leading Infrastructure platform focuses
Slide 5: Extending SLC Management's investment capabilities to meet Client needs
Right on Strategy for SLC High Investor Demand for Management Infrastructure Equity • Infrastructure equity fits with SLC Increasing allocations by institutional Management’s mission to provide investors due to: institutional investors a broad • Attractive total return Extending SLC spectrum of solu
Slide 6: SLC Management: a global footprint, competitive set of private strategies, and meaningful third-party AUM
SLC Management: a global footprint, competitive set of private strategies, and meaningful third-party AUM to meet Client needs and attract talent SLC Management Global Footprint (Pro-forma) • Global investment manager providing yield-oriented, liability-matching investment solutions for institutiona
Slide 7: Key Financial Metrics
Key Financial Metrics (1) £300 million (approximately US$390 million, C$515 Upfront consideration for 80% of InfraRed Capital million) in cash; put/call option to acquire the Partners remaining 20% stake approximately 4 or 5 years from closing Transaction value Approximately 4% of acquired AUM(2) AU
Slide 8: Appendix: InfraRed sample infrastructure projects
Appendix: InfraRed sample infrastructure projects Royal Merkur Canadian Offshore Mounted Wind Police Farm Design, build, finance and maintain headquarters Design, build, finance and operation of a 400MW accommodation for the “E” Division of the RCMP offshore windfarm supported by a 15 year feed- und
Slide 9: Appendix: InfraRed sample infrastructure projects
Appendix: InfraRed sample infrastructure projects A63 Curtin Road University Design, upgrade, finance, operate and maintain a Development, design, build, financing and 104km trans-European highway, including operation of university accommodation, including introduction of tolling, under a 40-year co
Slide 10: Appendix: Forward-looking information
Appendix: Forward-looking information Certain statements in this presentation are forward-looking, including but not limited to, statements relating to: (i) our growth strategies and strategic objectives, (ii) the expected timing of the closing of the transaction, (iii) the expected impact and benef
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