By William Gullotti
Buffalo, N.Y., June 15 – Standard Chartered plc sold HK$784 million 4¾% fixed-rate notes due 2026 (expected ratings: A3/BBB+/A) at par, according to a listing notice with a linked pricing supplement on Thursday.
The notes are issued under the bank’s $77.5 billion debt issuance program.
The notes will be callable at the issuer’s option on June 14, 2025 at par plus interest. The notes may also be called at any time at par plus interest for taxation reasons or for a loss absorption disqualification event.
Standard Chartered Bank was the dealer.
The Regulation S notes were listed on the London Stock Exchange on June 14.
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
|
| Amount: | HK$784 million
|
| Issue: | Fixed-rate notes, series 264
|
| Maturity: | June 14, 2026
|
| Dealer: | Standard Chartered Bank
|
| Paying agent: | Bank of New York Mellon, London Branch
|
| Coupon: | 4¾%
|
| Price: | Par
|
| Yield: | 4¾%
|
| Call features: | On June 14, 2025 at par plus interest; at any time at par plus interest for taxation reasons or loss absorption disqualification event
|
| Pricing date: | June 12
|
| Issue date: | June 14
|
| Listing date: | June 14
|
| Ratings: | Moody’s: A3
|
| S&P: BBB+
|
| Fitch: A
|
| Distribution: | Regulation S
|
| ISIN: | XS2637125951
|
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