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Standard Chartered PLC — Capital/Financing Update 2013
Dec 1, 2013
4648_rns_2013-12-01_15e996d7-8c78-41c7-b7ea-2c6690d6ab5d.pdf
Capital/Financing Update
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STANDARD CHARTERED PLC, STANDARD CHARTERED BANK
and
STANDARD CHARTERED BANK (HONG KONG) LIMITED
U.S.\$57,500,000,000
Debt Issuance Programme
€750,000,000 Floating Rate Notes due December 2015
Issued by
Standard Chartered PLC
Lloyds Bank Standard Chartered Bank
The date of the Final Terms is 28 November 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 2013 which constitutes (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 One Basinghall Avenue, London EC2V 5DD.
| 1 | Issuer: | Standard Chartered PLC | ||
|---|---|---|---|---|
| 2 | Series Number: (i) |
115 | ||
| (ii) | Tranche Number: | 1 | ||
| 3 | Currency or Currencies: | Euro ("€") | ||
| 4 | Aggregate Nominal Amount: | €750,000,000 | ||
| (i) | Series: | €750,000,000 | ||
| (ii) | Tranche: | €750,000,000 | ||
| 5 | Issue Price: | 100 per cent. of the Aggregate Nominal Amount | ||
| 6 | Denominations: | €100,000 | ||
| 7 | Calculation Amount: | €100,000 | ||
| 8 | (i) | Issue Date: | 2 December 2013 | |
| (ii) | Interest Commencement Date: | 2 December 2013 | ||
| 9 | Maturity Date: | The Interest Payment Date falling on or nearest to 2 December 2015 |
||
| 10 | Interest Basis: | 3 month EURIBOR + 0.35 per cent. per annum Floating Rate |
||
| 11 | Redemption/Payment Basis: | Subject to any purchase and cancellation or early redemption, the Notes will be redeemed on the Maturity Date at 100 per cent. of their nominal amount |
||
| 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 beginning on (and including) the Issue Date and ending on (but excluding) the First Interest Payment Date and each successive period beginning on (and including) an Interest Payment Date and ending on (but excluding) the next succeeding Interest Payment Date |
||
| (ii) | Specified Interest Payment Dates: | 2 March 2014, 2 June 2014, 2 September 2014, 2 December 2014, 2 March 2015, 2 June 2015, 2 September 2015 and 2 December 2015 |
||
| (iii) | First Interest Payment Date: | 2 March 2014 | ||
| (iv) | Business Day Convention: | Modified Following Business Day Convention | ||
| (v) | 4(i)): | Relevant Financial Centre(s) (Condition | Eurozone | |
| (vi) | Manner in which the Rate(s) of Interest is/are to be determined: |
Page | ||
| (vii) | Interest Period Date(s): | Not Applicable | ||
| (viii) | Agent): | Party responsible for calculating the Rate(s) of Interest and Interest Amount(s) (if not the Calculation |
Not Applicable | |
| (ix) | Page (Condition 4(c)(i)): | |||
| − | Relevant Time: | 11:00 a.m. Central European 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 | ||
| − | Benchmark: | 3 month EURIBOR | ||
| − | Representative Amount: | €750,000,000 | ||
| − | Effective Date: | The first day of the relevant Interest Accrual Period |
||
| − | Specified Duration: | 3 months | ||
| (x) | Margin(s): | + 0.35 per cent. per annum |
| 17 | Zero Coupon Note Provisions | Not Applicable | |
|---|---|---|---|
| (xiv) | Rate Multiplier: | Not Applicable | |
| (xiii) | Day Count Fraction (Condition 4(i)): | Actual/360 | |
| (xii) | Maximum Rate of Interest: | Not Applicable | |
| (xi) | Minimum Rate of Interest: | Not Applicable | |
PROVISIONS RELATING TO REDEMPTION
| 18 | Call Option Regulatory Capital Call Put Option Final Redemption Amount of each Note |
Not Applicable Not Applicable Not Applicable |
||
|---|---|---|---|---|
| 19 | ||||
| 20 | ||||
| 21 | €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: |
€100,000 per Calculation Amount | ||
| (i) | Redemption for taxation reasons permitted on days other than Interest Payment Dates (Condition 5(c)): |
No | ||
| (ii) | Unmatured Coupons to become void upon early redemption (Bearer Notes only) (Condition 6(f)): |
Yes |
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: |
Not Applicable |
| 26 | Talons for future Coupons to be attached to Definitive Notes (and dates on which such Talons mature): |
No |
:A8
PART B – OTHER INFORMATION
1 Listing
| (i) | Listing: | 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 on or around 2 December 2013. |
| (iii) | Estimated total expenses of admission to trading |
£3,650 |
2 RATINGS
Ratings The Notes to be issued are expected to be assigned the following rating:
Moody's: A2 S&P: A+ Fitch: AA-
3 INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for any fees payable to the Joint Lead Managers, so far as the Issuer is aware, no person involved in the offer of the Notes has an interest material to the offer.
The Joint Lead Managers 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.
5 OPERATIONAL INFORMATION
| (i) | ISIN Code: | XS0998509490 |
|---|---|---|
| (ii) | Common Code: | 099850949 |
| (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 | |
| 6 | DISTRIBUTION | ||
| (i) | Method of distribution: | Syndicated | |
| (ii) | If syndicated: | ||
| (A) Names of Managers: | Lloyds Bank plc | ||
| Standard Chartered Bank | |||
| (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 2; TEFRA D |