Challenger flags new hybrid

18 October 2016

 

Challenger, the funds management and annuities company, is planning another issue of Additional Tier 1 capital notes to add to its existing Notes (ASX code: CGFPA) which are already listed on the ASX. In a September quarter update to the market, Challenger said it would issue AT1 capital notes before June 2017, subject to market conditions. Challenger is required by APRA to have a minimum amount of capital for each...

read full story