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Challenger to wade back into corporate bond market – The Australian Financial Review

The annuities provider will tap the market in a $300 million raising after CET1 capital buffers shrunk to just 1.01 times the regulatory requirement.

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The plan came as Challenger warned investors it will not pay a final dividend in September and that its major shareholder and strategic partner, Japans leading insurer MS&AD, will not be buying a…

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