Redemption of EUR1.25bn Subordinated Notes

RNS Number : 8558A

Standard Chartered PLC

01 October 2020

 

Standard Chartered PLC

1 October 2020

Redemption by Standard Chartered PLC ("SCPLC") of EUR1,250,000,000 Fixed-to-Fixed Rate Subordinated Notes (ISIN: XS0983704718) (the "Securities")

SCPLC has today given notice to the holders of the Securities that it will fully redeem the outstanding Securities on 21 October 2020 (the "Redemption Date") in accordance with the terms and conditions of the Securities (the "Conditions"). The Securities will be redeemed at 100 per cent. of their principal amount together with accrued interest.

Following redemption, the Securities will be cancelled pursuant to the Conditions.  Accordingly, the listing of the Securities on the Official List of the FCA and the admission of the Securities to trading on the Regulated Market of the London Stock Exchange will be cancelled on, or shortly after, 23 October 2020.

For further information please contact:

Daniel Banks
Managing Director, Head, Debt Investor Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 6329

Jon Tracey
Global Head, Communications
1 Basinghall Avenue
London
EC2V 5DD
020 7885 7613

Standard Chartered PLC LEI: U4LOSYZ7YG4W3S5F2G91

 

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