Challenger Capital Notes (CGFPA)

Challenger Capital Notes CGFPA

Challenger Capital Notes are perpetual, subordinated, unsecured notes issued by Challenger Limited on 9 October 2014 (Challenger Capital Notes or CCN1).
On 25 May 2021, Challenger announced it has completed the repurchase of 197,308 Challenger Capital Notes that were offered by eligible holders of Challenger Capital Notes under the repurchase invitation announced on Tuesday, 27 April 2021 (Repurchase Invitation).

Following the completion of the Repurchase Invitation, approximately $27.7 million of Challenger Capital Notes remain on issue. Challenger Capital Notes holders who continue to hold their Challenger Capital Notes (because they did not participate in the Repurchase Invitation) will continue to receive distributions on their Challenger Capital Notes, subject to the satisfaction of the distribution payment conditions in the CCN1 Terms.

Challenger Capital Notes will remain on issue until Wednesday, 25 May 2022, at which point Challenger must convert any Challenger Capital Notes that remain outstanding into Challenger ordinary shares in accordance with the CCN1 Terms, subject to the mandatory conversion conditions under the CCN1 Terms.
 
 

Distributions

Details of the next Distribution are provided in the table below, which is expected to be paid on 25 November 2021 (subject to certain Payment Conditions).

Ex-date Record date Payment date Distribution
16/11/2021
17/11/2021
25/11/2021
$0.60
16/08/2021 17/08/2021 25/08/2021 $0.61
14/05/2021
17/05/2021
25/05/2021
$0.58
16/02/2021 17/02/2021
25/02/2021
$0.60
16/11/2020 17/11/2020 25/11/2020 $0.62
14/08/2020
17/08/2020 
25/08/2020
$0.62
14/05/2019 15/05/2019 25/05/2020 $0.73
14/02/2020 17/02/2020 25/02/2020 $0.76
14/11/2019 15/11/2019  25/11/2019  $0.76 
15/08/2019 16/08/2019 26/08/2019  $0.84 
16/05/2019 17/05/2019 27/05/2019 $0.92
14/02/2019
15/02/2019
25/02/2019
$0.93
15/11/2018 16/11/2018 26/11/2018 $0.93
16/08/2018 17/08/2018 27/08/2018  $0.96 
16/05/2018 17/05/2018  25/05/2018 $0.87
15/02/2018 16/02/2018  26/02/2018  $0.90
16/11/2017 17/11/2017  27/11/2017  $0.92
16/08/2017 17/08/2017  25/08/2017  $0.91
16/05/2018 17/05/2017  25/05/2017  $0.86
16/02/2017 17/02/2017  27/02/2017  $0.93
16/11/2016 17/11/2016  25/11/2016  $0.90
16/08/2016 17/08/2016  25/08/2016  $0.95
16/05/2016 17/05/2016  25/05/2016  $0.98
16/02/2016 17/02/2016  25/02/2016  $1.00
13/11/2015 17/11/2015  25/11/2015  $0.97
13/08/2015 17/08/2015  25/08/2015  $0.97
13/05/2015 17/05/2015  25/05/2015  $1.07
13/02/2015 17/02/2015  25/02/2015  $1.79
 
Payment date
Franked amount Unfranked amount Franking credits
25/11/2021
$0.60
$0.00
$0.25714285
25/08/2021 $0.61 $0.00 $0.26142857
25/05/2021
$0.58
$0.00
$0.24857142
25/02/2020 $0.60
$0.00
$0.25714285
25/11/2020 $0.62 $0.00 $0.26571428
25/08/2020
$0.62
$0.00
$0.26571428
25/05/2020 $0.73 $0.00 $0.31285714
25/02/2020 $0.76 $0.00  $0.32571428 
25/11/2019 $0.76  $0.00  $0.32571428 
28/08/2019 $0.84 $0.00 $0.36000000 
27/05/2019 $0.92 $0.00 $0.39428571
25/02/2019 $0.93 $0.00 $0.39857142
26/11/2018
$0.93
$0.00
$0.39857142
27/08/2018
$0.96 $0.00 $0.41142857 
25/05/2018
$0.87 $0.00
$0.37285714
26/02/2018
$0.90 $0.00
$0.38571428
27/11/2017
$0.92 $0.00
$0.39428571
25/08/2017
$0.91 $0.00
$0.39000000
25/05/2017
$0.86 $0.00
$0.36857142
27/02/2017
$0.93 $0.00
$0.39857142
25/11/2016
$0.90 $0.00
$0.38571428
25/08/2016
$0.95 $0.00
$0.40714285
25/05/2016
$0.98 $0.00
$0.42000000
25/02/2016
$1.00 $0.00
$0.42857142
25/11/2015
$0.97 $0.00
$0.41571428
25/08/2015
$0.97 $0.00
$0.41571428
25/05/2015
$0.75 $0.32
$0.32
25/02/2015
$1.25 $0.54
$0.54 

Further information

Full terms and details of Challenger Capital Notes are available in the Prospectus dated 4 September 2014.

How to update your details

Notes holders can update their personal details, including providing payment instructions and Australian tax file number information via the shareholder.

To update or confirm your details:
  1. Go to shareholder login 
  2. Follow the prompts to log in as either a new or existing user
  3. 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
Notes are not guaranteed or secured, and are not policy liabilities of Challenger Life Company, Challenger Limited, or any other member of the Challenger Group.