Challenger Capital Notes 3 are perpetual, subordinated, unsecured convertible notes issued by Challenger Limited on 25 November 2020.
Challenger Capital Notes 3, to the value of $385 million, are issued in Australian dollars and can be traded on the ASX under the ASX code CGFPC. Challenger Capital Notes 3 pay a Margin of 4.60% above the 3 month Bank Bill Rate.
Distributions can be paid by a combination of either cash or franking credits.
Quarterly Distribution Payment Dates will be 25 February, 25 May, 25 August and 25 November in each year.
Details of the next Distribution are provided in the table below, which is expected to be paid on 27 May 2024 (subject to certain Payment Conditions).
How to update your details
Distributions
Distributions are discretionary, non-cumulative, floating rate payments and are scheduled to be paid quarterly in arrears on the Distribution Payment Dates. Distributions are expected to be initially partially franked, and accordingly Holders are expected to receive a combination of cash distributions and franking credits. However, Holders should be aware that franking is not guaranteed.Quarterly Distribution Payment Dates will be 25 February, 25 May, 25 August and 25 November in each year.
Details of the next Distribution are provided in the table below, which is expected to be paid on 27 May 2024 (subject to certain Payment Conditions).
| Ex-date | Record date | Payment date | Distribution |
|---|---|---|---|
| 16/05/2024 | 17/05/2024 | 27/05/2024 | $1.56 |
| 15/02/2024 | 16/02/2024 | 26/02/2024 | $1.57 |
| 16/11/2023 | 17/11/2023 | 27/11/2023 | $1.58 |
| 16/08/2023 | 17/08/2023 | 25/08/2023 | $1.50 |
| 16/05/2023 | 17/05/2023 | 25/05/2023 | $1.36 |
| 16/02/2023 | 17/02/2023 | 27/02/2023 | $1.39 |
| 16/11/2022 | 17/11/2022 | 25/11/2022 | $1.24 |
| 16/08/2022 | 17/08/2022 | 25/08/2022 | $1.00 |
| 16/05/2022 |
17/05/2022 |
25/05/2022 |
$0.80 |
| 16/02/2022 |
17/02/2022 |
25/02/2022 |
$0.82 |
| 16/11/2021 |
17/11/2021 |
25/11/2021 |
$0.81 |
| 16/08/2021 | 17/08/2021 | 25/08/2021 | $0.82 |
| 14/05/2021 |
17/05/2021 |
25/05/2021 |
$0.79 |
| 16/02/2021 | 17/02/2021 | 25/02/2021 | $0.81 |
| Payment date |
Franked amount | Unfranked amount | Franking credits |
|---|---|---|---|
| 27/05/2024 | $1.56 | $0.00 | $0.66857142 |
| 26/02/2024 | $1.57 | $0.00 | $0.67285714 |
| 27/11/2023 | $1.58 | $0.00 | $0.67714285 |
| 25/08/2023 | $1.50 | $0.00 | $0.64285714 |
| 25/05/2023 | $1.36 | $0.00 | $0.58285714 |
| 27/02/2023 | $1.39 | $0.00 | $0.59571428 |
| 25/11/2022 | $1.24 | $0.00 | $0.53142857 |
| 25/08/2022 | $1.00 | $0.00 | $0.42857142 |
| 25/05/2022 |
$0.80 |
$0.00 |
$0.34285714 |
| 25/02/2022 |
$0.82 |
$0.00 |
$0.35142857 |
| 25/11/2021 |
$0.81 | $0.00 |
$0.34714285 |
| 25/08/2021 | $0.82 | $0.00 | $0.35142857 |
| 25/05/2021 |
$0.79 |
$0.00 |
$0.33857142 |
| 25/02/2021 | $0.81 | $0.00 | $0.34714285 |
Further information
Full terms and details of Challenger Capital Notes 3 are available in the Prospectus dated 21 October 2020.How to update your details
Noteholders can update their personal details, including providing payment instructions and Australian tax file number information via the share register.
To update or confirm your details:
To update or confirm your details:
- Go to shareholder login
- Follow the prompts to log in as either a new or existing user
- Once logged in, click on My Profile to update your details
Investor communications
The default option for receiving your quarterly Distribution statement and other investor communications is via mail. You can elect to receive investor communications, including Distribution statements, via email by updating your details.
Contact details for share registry
To assist with enquiries please quote your current address and Security Reference Number (SRN) or Holder Identification Number (HIN).
Telephone:
1800 780 782 (within Australia)
+61 3 9415 4065 (outside Australia)
Computershare Investor Services Pty Limited
Level 3, 60 Carrington Street
Sydney NSW 2000
Challenger Capital Notes 3 are not guaranteed or secured, and are not policy liabilities of Challenger Life Company, Challenger Limited, or any other member of the Challenger Group. Terms used but not defined on this page are defined in the Challenger Capital Notes 3 Prospectus date 21 October 2020.
Telephone:
1800 780 782 (within Australia)
+61 3 9415 4065 (outside Australia)
Computershare Investor Services Pty Limited
Level 3, 60 Carrington Street
Sydney NSW 2000
Challenger Capital Notes 3 are not guaranteed or secured, and are not policy liabilities of Challenger Life Company, Challenger Limited, or any other member of the Challenger Group. Terms used but not defined on this page are defined in the Challenger Capital Notes 3 Prospectus date 21 October 2020.