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Standard Chartered to fully redeem €1.25 billion subordinated notes
By Taylor Fox
New York, Oct. 5 – Standard Chartered plc plans to fully redeem its outstanding €1.25 billion fixed-to-fixed rate subordinated notes (ISIN: XS0983704718) on Oct. 21, according to a company announcement.
The notes will be redeemed at par plus interest.
The issuer is a Singapore-based unit of London-based financial services company Standard Chartered Bank.
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