New Issue: Standard Chartered sells $100 million 0% 30-year callable notes

By Wendy Van Sickle

Columbus, Ohio, June 4 – Standard Chartered plc issued $100 million of 0% callable notes due June 4, 2049 on Tuesday, according to a notice.

The notes are callable every five years on June 4.

The redemption amount for each $1 million note is $1,270,215.60 on June 4, 2024; $1,613,447.66 on June 4, 2029; $2,049,426.38 on June 4, 2034; $2,603,213.36 on June 4, 2039; and $3,306,642.21 on June 4, 2044.

The redemption amount at maturity per $1 million note will be $4,200,148.50.

Standard Chartered Bank (Taiwan) Ltd. is the bookrunner and lead manager.

The notes were issued under the company’s $77.5 billion debt issuance program.

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:	$100 million
Description:	Callable notes
Coupon:	0%
Maturity date:	June 4, 2049
Bookrunner:	Standard Chartered Bank (Taiwan) Ltd.
Co-manager:	President Securities Corp.
Call:	Callable after five years at, per $1 million principal amount, $1,270,215.60 on June 4, 2024; $1,613,447.66 on June 4, 2029; $2,049,426.38 on June 4, 2034; $2,603,213.36 on June 4, 2039; and $3,306,642.21 on June 4, 2044; maturity date redemption amount per $1 million note is $4,200,148.50
Issue date:	June 4

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