Equity Trustees
Challenger Limited (ASX:CGF) has appointed Equity Trustees as note trustee for its Challenger Capital Notes 3, a new subordinated, unsecured, perpetual convertible security, which raised A$385 million.
On 25 November 2020, Challenger issued Challenger Capital Notes 3, which are listed and tradeable on the ASX. The proceeds from the offer were used to fund the regulatory capital requirements of Challenger Life Company Limited and help refinance an earlier release of capital notes (Challenger Capital Notes) through a reinvestment offer and repurchase invitation.
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).
