Challenger Life Company (CLC) Tier 2 Subordinated Notes
In November 2017, Challenger Life Company Limited (CLC) issued $400 million of CLC Subordinated Notes.
CLC Subordinated Notes are fully paid, unsecured, subordinated debt obligations of CLC. CLC is rated A by S&P with a rating outlook of positive. CLC Subordinated Notes qualify as Tier 2 capital under the Australian Prudential Regulation Authority's Prudential Standards.
For more details on CLC and the CLC Subordinated Notes, please refer to documents listed below:
- Market announcement - Challenger Life Company Limited issues $400 million of Subordinated Notes
- Challenger Life Company Limited Subordinated Notes Information Memorandum