Standard Chartered Bank issued international bonds for USD 1,000.0m with a 7.75% until 02.04.2023, then 5Y USD Swap Rate + 5.723% coupon. Bonds were sold at a price of 100%. Bookrunner: Bank of America Merrill Lynch, BNP Paribas, Citigroup, Standard Chartered Bank.
|Issuer, issue number||Standard Chartered Bank, 7.75% perp., USD (Conv.)|
|Type of debt instrument||International bonds|
|Type of placement||Public|
|Par, currency of issue||USD 200,000|
|End of placement||01/11/2017|
|Initial issue price||100|
|Coupon||7.75% until 02.04.2023, then 5Y USD Swap Rate + 5.723%|
|Coupon frequency||2 time(s) per year|
|Issue Managers||Bookrunner: Bank of America Merrill Lynch, BNP Paribas, Citigroup, Standard Chartered Bank|
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.
|Aa3/Negative||LT- foreign currency||03/07/2016|
|Aa3/Negative||LT- local currency||03/07/2016|
|A/Stable||Foreign Currency LT||11/24/2016|
|A/Stable||Local Currency LT||11/24/2016|
|A+/Stable||LT Int. Scale (foreign curr.)||10/14/2016|