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Standard Chartered talks dollar-denominated notes due 2023 at Treasuries plus 150 bps area
By Cristal Cody
Tupelo, Miss., Oct. 6 – Standard Chartered plc intends to price new dollar-denominated notes due Oct. 14, 2023 (Baa2/BBB-/A-) on Tuesday, according to a market source.
Initial price guidance is in the Treasuries plus 150 basis points area.
The notes have a two-year non-call period.
Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, Nomura Securities International, Inc. and Standard Chartered Bank are the lead managers.
Standard Chartered is a London-based banking and financial services company.
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