CGF 2.23% $6.88 challenger limited

News: CGF Challenger Ltd announces intention to issue notes, page-4

  1. 66 Posts.
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    Annuities are quite balance sheet intensive. Challenger seemed to have a nice capital buffer so I can only presume that they want the additional capital as they are forecasting strong annuity and life sales. Markets always retreat when an issue is announced. However, it is a positive in my book.
 
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