New bond issue: Standard Chartered Bank issued international bonds for USD 750.0m maturing in 2019 with a 3M LIBOR USD + 1.13% coupon.

August 22, 2016 - Cbonds

 

Standard Chartered Bank issued international bonds for USD 750.0m maturing in 2019 with a 3M LIBOR USD + 1.13% coupon. Bonds were sold at a price of 100%.
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Issuer, issue numberStandard Chartered Bank, FRN 19aug2019, USD
Type of debt instrumentInternational bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueUSD 200,000
Amount750,000,000
ISINXS1480699567
End of placement08/16/2016
Initial issue price100
Coupon3M LIBOR USD + 1.13%
Coupon frequency4 time(s) per year
Settlement date08/19/2016
Maturity date08/19/2019
Issue ManagersBookrunner: BNP Paribas, JP Morgan, Standard Chartered Bank, Credit Suisse
Trading floorLondon S.E.
Issuer profile:

Standard Chartered Bank ("Standard Chartered") is a leading international bank, listed on the London, Hong Kong and Mumbai stock exchanges. It has operated for over 150 years in some of the world's most dynamic markets and earns more than 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank’s growth in recent years.

Outstanding issues:
19 issuesUSD14,917,000,000
4 issuesEUR1,946,000,000
1 issuesGBP200,000,000
1 issuesSGD450,000,000
2 issuesHKD635,000,000
4 issuesCNY2,269,000,000
Issuer rating:
Moody's Investors ServiceAa3/NegativeLT- foreign currency03/07/2016
Moody's Investors ServiceAa3/NegativeLT- local currency03/07/2016
S&P Global RatingsA/StableForeign Currency LT11/24/2016
S&P Global RatingsA/StableLocal Currency LT11/24/2016
Fitch RatingsA+/StableLT Int. Scale (foreign curr.)10/14/2016