By Devika Patel and Cristal Cody
Knoxville, Tenn., June 23 – Standard Chartered plc sold $1.25 billion of 2.678% 11-year notes on Tuesday, according to a market source.
The bonds priced at Treasuries plus 120 basis points. The notes were talked in the Treasuries plus 145 bps area.
BofA Securities, Morgan Stanley, RBC and Standard Chartered Bank were the joint bookrunners.
Standard Chartered is a London-based banking and financial services company with a focus on Asia, Africa and the Middle East.
| Issuer: | Standard Chartered plc
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| Issue: | Notes
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| Amount: | $1.25 billion
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| Maturity: | June 29, 2032
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| Bookrunners: | BofA Securities, Morgan Stanley, RBC and Standard Chartered Bank
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| Coupon: | 2.678%
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| Spread: | Treasuries plus 120 bps
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| Pricing date: | June 22
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| Price guidance: | Treasuries plus 145 bps area
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