Suncorp Group is setting out to sell A$250 million in capital notes that will qualify as tier one capital, "with the ability to raise more or less."The hybrids will be subordinated, perpetual, unsecured, mandatorily convertible notes with a term to mid 2024.Suncorp said the margin was expected to be in the range of 4.10 per cent to 4.30 per cent over the three month Bank Bill RateThe proceeds will be used to fund "the capital needs of one or more regulated entities within the Suncorp Group."CBA, NAB and Challenger have all sold hybrid capital notes in one form or another this year.