Nov 21 (Reuters) - Insurance Australia Group Ltd IAG.AX :
* IAG (LON:ICAG) launches capital notes offer
* Capital notes have an issue price of $100
* Margin will be determined following bookbuild and is expected to be in range of 4.70% to 4.90%
* Announced an offer of capital notes to raise $300m with ability to raise more or less
* IAG has applied for capital notes to be quoted on ASX Source text for Eikon: ID:nASX1j2GV0 Further company coverage: IAG.AX