Challenger Life Company Limited (CLC) issued $400 million of CLC Subordinated Notes in September 2022.
CLC Subordinated Notes are fully paid, unsecured, subordinated debt obligations of CLC. CLC is rated A by S&P Global Ratings (S&P) with a rating outlook of stable. CLC Subordinated Notes qualify as Tier 2 Capital under the Australian Prudential Regulation Authority's Prudential Standards.
Additional information on CLC Subordinated Notes issued in September 2022:
- Market announcement - Challenger Life Company Limited prices $400 million of Subordinated Notes
- Challenger Life Company Limited Subordinated Notes Information Memorandum
CLC had previously issued $400 million of CLC Subordinated Notes in November 2017. These Subordinated Notes were subsequently redeemed on 24 November 2022.
Additional information on CLC Subordinated Notes issued in November 2017:
- Market announcement – Redemption of Challenger Life Company Limited Subordinated Notes
- Market announcement - Challenger Life Company Limited issues $400 million of Subordinated Notes
- Challenger Life Company Limited Subordinated Notes Information Memorandum
Additional information on Challenger Life Company:
- Challenger Life Company (CLC) 2023 Annual Report
- Challenger Life Company (CLC) 2022 Annual Report
- Challenger Life Company (CLC) 2021 Annual Report
- Challenger Life Company (CLC) 2020 Annual Report
- Challenger Life Company (CLC) 2019 Annual Report
- Challenger Life Company (CLC) 2018 Annual Report
- Challenger Life Company (CLC) 2017 Annual Report
- Challenger Life Company (CLC) 2016 Annual Report