Dec 12 (Reuters) - Change Financial Ltd CCA.AX :
* TO RAISE CAPITAL UNDER FUNDING PACKAGE WITH CONVERTIBLE NOTE TO ALTERNATIVE ASSET MANAGER ALTOR CAPITAL & ENTITLEMENT OFFER
* ALTOR CAPITAL WILL INITIALLY INVEST A$2 MILLION BY WAY OF AN INITIAL TERM LOAN FACILITY THAT WILL BE REPLACED BY AN ISSUE OF NOTES
* CONVERTIBLE NOTE FACILITY BY ALTOR CAPITAL FOR UP TO A$4 MLN & ENTITLEMENT OFFER TO EXISTING SHAREHOLDERS TO RAISE UP TO A$1 MLN