Nov 24 (Reuters) - Insurance Australia Group Ltd IAG.AX :
* Asx alert-iag announces margin on capital notes-iag.ax
* Iag has allocated $350 million of capital notes under broker firm and institutional offers
* Reinvestment offer is expected to close on 16 december 2016
* "amount was increased from $300 million iag announced at offer launch on 21 november 2016"
* Margin has been set at 4.70% per annum for the capital notes offer Source text for Eikon: ID:nASX9xzDZq Further company coverage: IAG (LON:ICAG).AX