Feb 28 (Reuters) - Challenger Ltd (CGF)
- Challenger capital notes 2 offer
- Challenger intends to use proceeds of notes to fund a subscription for additional tier 1 capital of challenger life company
- Expected to raise $350 million
- intention to issue a new subordinated, convertible security, challenger capital notes 2 (notes)
- notes are expected to be listed and tradable on australian securities exchange (asx).
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News: CGF Challenger Ltd announces intention to issue notes
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