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Standard Chartered PLC — Capital/Financing Update 2013
Jan 16, 2013
4648_rns_2013-01-16_0595721d-4086-4cc4-8395-387fb54d34a7.pdf
Capital/Financing Update
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Final Terms
STANDARD CHARTERED PLC,
STANDARD CHARTERED BANK
and
STANDARD CHARTERED BANK
(HONG KONG) LIMITED
U.S.$50,000,000,000
Debt Issuance Programme
EUR 100,000,000 Floating Rate Notes due 15 January 2015
Issued by
Standard Chartered Bank
Standard Chartered Bank
Merrill Lynch International
The date of the Final Terms is 11 January 2013.
PART A – CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Prospectus dated 10 October 2012 and the supplemental Prospectuses dated 08 November 2012 and 13 December 2012 which together constitute (with the exception of certain sections) a base prospectus (the “Base Prospectus”) for the purposes of the Prospectus Directive (Directive 2003/71/EC, including amendments thereto) (the “Prospectus Directive”). This document constitutes the final terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Base Prospectus. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Base Prospectus. The Base Prospectus is available for viewing at the registered office of the Issuer at 1 Aldermanbury Square, London EC2V 7SB
| 1 | Issuer: | Standard Chartered Bank |
|---|---|---|
| 2 | (i) Series Number: | 103 |
| (ii) Tranche Number: | 1 | |
| (iii) Date on which the Notes will be consolidated and form a single Series: | Not Applicable | |
| 3 | Currency or Currencies: | Euro (“EUR”) |
| 4 | Aggregate Nominal Amount: | |
| (i) Series: | EUR 100,000,000 | |
| (ii) Tranche: | EUR 100,000,000 | |
| 5 | Issue Price: | 100 per cent. of the Aggregate Nominal Amount |
| 6 | Denominations: | EUR 100,000 |
| 7 | Calculation Amount: | EUR 100,000 |
| 8 | (i) Issue Date: | 15 January 2013 |
| (ii) Interest Commencement Date: | Issue Date | |
| 9 | Maturity Date: | 15 January 2015 |
| 10 | Interest Basis: | 3 month EURIBOR + 0.30 per cent. per annum Floating Rate |
| 11 | Redemption/Payment Basis: | Redemption at par |
| 12 | Change of Interest: | Not Applicable |
| 13 | Put/Call Options: | Not Applicable |
| 14 | (i) Status of the Notes: | Senior |
| (ii) Date Board approval for issuance of Notes obtained: | Not Applicable |
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15 Fixed Rate Note Provisions
Not Applicable
16 Floating Rate Note Provisions
Applicable
(i) Interest Period(s):
The period from and including 15 January 2013 to but excluding the first Specified Interest Payment Date and each successive period from and including a Specified Interest Payment Date to but excluding the next following Specified Interest Payment Date is herein called an “Interest Period”.
(ii) Specified Interest Payment Dates:
The first Interest Payment Date is 15 April 2013. Each subsequent Interest Payment Date is on the 15th day of January, April, July and October of each year with the Maturity Date, as adjusted in accordance with the Business Day Convention specified below.
(iii) First Interest Payment Date:
15 April 2013
(iv) Business Day Convention:
Modified Following Business Day Convention
(v) Relevant Financial Centre(s) (Condition 4(i)):
Eurozone
(vi) Manner in which the Rate(s) of Interest is/are to be determined:
Screen Rate Determination
(vii) Interest Period Date(s):
Each Interest Payment Date
(viii) Party responsible for calculating the Rate(s) of Interest and Interest Amount(s) (if not the Calculation Agent):
Not Applicable
(ix) Page (Condition 4(c)(i)):
- Relevant Time: 11 a.m. (Brussels time)
- Interest Determination Date: Two TARGET Business Days prior to the start of the relevant Interest Period
- Primary Source for Floating Rate: Reuters Page EURIBOR01
- Reference Banks (if Primary Source is “Reference Banks”): Not Applicable
- Relevant Financial Centre: Eurozone
2
- Benchmark: 3 month EURIBOR
- Representative Amount: EUR 100,000,000
- Effective Date: The first day of the relevant Interest Accrual Period
- Specified Duration: 3 months
(x) Margin(s): plus 0.30 per cent. per annum
(xi) Minimum Rate of Interest: Not Applicable
(xii) Maximum Rate of Interest: Not Applicable
(xiii) Day Count Fraction (Condition 4(i)): Actual/360
(xiv) Rate Multiplier: Not Applicable
17 Zero Coupon Note Provisions Not Applicable
PROVISIONS RELATING TO REDEMPTION
18 Call Option Not Applicable
19 Regulatory Capital Call Not Applicable
20 Put Option Not Applicable
21 Final Redemption Amount of each Note EUR 100,000 per Calculation Amount
22 Early Redemption Amount
(i) Early Redemption Amount(s) per Calculation Amount payable on redemption for taxation reasons or on event of default or other early redemption: EUR 100,000 per Calculation Amount
(i) Redemption for taxation reasons permitted on days other than Interest Payment Dates (Condition 5(c)): Yes
(ii) Unmatured Coupons to become void upon early redemption (Bearer Notes only) (Condition 6(f)): Not Applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23 Form of Notes: Bearer Notes
Temporary Global Note exchangeable for a permanent Global Note which is exchangeable for Definitive Notes in the limited circumstances specified in the permanent Global Note
24 New Global Note: Yes
25 Business Day Jurisdiction(s) (Condition 6(h)) or other special provisions relating to Payment Dates: TARGET, London
26 Talons for future Coupons to be attached to Definitive Notes (and dates on which such Talons mature): No
Signed on behalf of the Issuer:
P. W. W. W. L. D. E.
By: _________
Duly authorised
5
PART B – OTHER INFORMATION
1 Listing
(i) Listing: The Official List of the UK Listing Authority and trading on the London Stock Exchange
(ii) Admission to trading: Application has been made by the Issuer (or on its behalf) for the Notes to be admitted to trading on the London Stock Exchange’s Regulated Market with effect from 15 January 2013
(iii) Estimated total expenses of admission to trading: GBP 2,700
2 RATINGS
Ratings: The Notes to be issued are expected to be assigned the following ratings: Moody’s: A1
3 INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
So far as the Issuer is aware, no person involved in the offer of the Notes has an interest material to the offer.
The Dealers and their affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform other services for, the Issuer and its affiliates in the ordinary course of business.
4 Floating Rate Notes only – HISTORIC INTEREST RATES
Details of historic EURIBOR rates can be obtained from Reuters page EURIBOR01.
4 OPERATIONAL INFORMATION
(i) ISIN Code: XS0876310870
(ii) Common Code: 087631087
(iii) Any clearing system(s) other than Euroclear Bank S.A./N.V. and Clearstream Banking, société anonyme and the relevant identification number(s): Not Applicable
(iv) Delivery: Delivery against payment
(v) Names and addresses of initial Paying Agent(s): The Bank of New York Mellon, One Canada Square, London E14 5AL, United Kingdom
(vi) Names and addresses of additional Paying Agent(s) (if any): Not Applicable
5 DISTRIBUTION
(i) Method of distribution: Syndicated
(ii) If syndicated:
(A) Names of Managers: Standard Chartered Bank Merrill Lynch International
(B) Stabilising Manager(s) (if any): Not Applicable
(iii) If non-syndicated, name of Dealer: Not Applicable
(iv) US Selling Restrictions: Reg. S Compliance Category; TEFRA D