Challenger mandates potential 15NC5 tier-two deal

Disclosure type: mandate
Issuer name: Challenger Life Company
Issuer rating: A (S&P)
Expected issue rating: BBB (S&P)
Announcement date: 5 September 2022
Investor meetings commencing: 5 September 2022
Arranger: Barrenjoey
Lead managers: Barrenjoey, Jarden Securities, National Australia Bank, Westpac Institutional Bank

Transaction type: tier-two
Currency: AUD
Indicative volume: benchmark size
Tenor: 15-year non-call five-year
Coupon type: ND
Price guidance: ND