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BRIEF-Challenger ‍starts process to replace Challenger Life Co's (CLC'S) tier 2 subordinated debt
November 6, 2017 / 1:17 AM / a month ago

BRIEF-Challenger ‍starts process to replace Challenger Life Co's (CLC'S) tier 2 subordinated debt

Nov 6 (Reuters) - Challenger Ltd:

* Starts process to replace Challenger Life Co’s (CLC‘s) tier 2 subordinated debt with new Australian dollar tier 2 subordinated debt issue​

* Has agreed to repay its existing $400 million tier 2 subordinated debt instrument on 30 Nov Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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