CLC Subordinated Notes

CLC Subordinated Notes

Challenger Life Company Limited (CLC) issued $400 million of CLC Subordinated Notes in November 2017.

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 positive. CLC Subordinated Notes qualify as Tier 2 capital under the Australian Prudential Regulation Authority's Prudential Standards.

Additional information on CLC Subordinated Notes:

Additional information on Challenger Life Company: