Sept 12 (Reuters) - Empire Life Insurance Co EML_pa.TO
* Empire Life announces $200 million offering of 3.664% subordinated debentures
* Empire Life Insurance Co says debentures will mature on March 15, 2028
* Empire Life Insurance - To issue in Canada, by private placement, $200 million subordinated unsecured 3.664% fixed/floating debentures due March 15, 2028
* Empire Life Insurance - Net proceeds will be used for regulatory capital, general corporate purposes, which may include redemption of outstanding debt