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Published on 5/9/2011 in the Prospect News Investment Grade Daily.

Standard Chartered plans to tap market for new five-year notes

By Andrea Heisinger

New York, May 9 - Standard Chartered plc announced an offering of five-year notes on Monday, a market source said.

The notes (A2/A) are expected to be sold under Rule 144A at some point this week, they said.

Bookrunners are Bank of America Merrill Lynch, Goldman Sachs & Co., J.P. Morgan Securities LLC and Standard Chartered.

The financial services company is based in London.


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