Last October, Challenger flagged its intention to issue another capital note before June 2017. The company has now announced it intends to issue $350 million worth of Challenger Capital Notes 2 (ASX code: CGFPB), with the ability to raise more or less than this amount. Challenger Capital Notes 2 are subordinated, unsecured notes which will pay quarterly floating rate distributions. Challenger already has an ASX-listed hybrid (see tables) similar in...