S&P Affirms Credit Ratings for Challenger, Annuity Unit

MT Newswires Live

2024/12/18

S&P Global Ratings affirmed its credit rating on Challenger (ASX:CGF) at "BBB+" with a stable outlook, according to a Wednesday filing with the Australian bourse.

The investment management firm's annuity unit Challenger Life has an "A" rating with a stable outlook, the filing said.

Challenger's shares were down almost 1% in recent Wednesday trade.

Price (AUD): $6.02, Change: $-0.04, Percent Change: -0.66%

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