April 9 (Reuters) - Clearview Wealth Ltd CVW.AX :
* DOES NOT CURRENTLY ANTICIPATE NEED TO RAISE ANY EQUITY CAPITAL IN CURRENT MARKET ENVIRONMENT
* CHAIR OF BOARD BRUCE EDWARDS SIGNALED HIS INTENTION TO RETIRE FROM BOARD ON 30 JUNE 2020
* HAS ACCESS TO A $60M DEBT FUNDING FACILITY, WITH $50M DRAWN DOWN AS AT 31 MARCH
* INDEPENDENT NED GEOFF BLACK WILL BE APPOINTED AS CHAIR
* NOT INTEND TO UNDERGO ANY ON-MARKET SHARE BUY-BACK ACTIVITY GIVEN CURRENT ENVIRONMENT AND MARKET CONDITIONS
* DOES NOT CURRENTLY ANTICIPATE NEED TO RAISE ANY EQUITY CAPITAL IN CURRENT MARKET ENVIRONMENT
* POTENTIAL TIER 2 DEBT ISSUANCE WILL BE CONSIDERED IN DUE COURSE AS MARKET CONDITIONS IMPROVE IN MEDIUM TERM
* LIKELY SEE INCREASE IN CLAIMS & LAPSES IN MONTHS AHEAD THAT WILL HAVE NEGATIVE IMPACT ON 'BASE' (PRE-COVID-19) CASE PROJECTIONS