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Standard Chartered PLC Capital/Financing Update 2014

Apr 17, 2014

4648_rns_2014-04-17_9a52f439-1129-4b26-a589-9ab98c38ab96.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

£205,700,000 Floating Rate Notes due April 2015

Issued by

Standard Chartered Bank

Lloyds Bank

Standard Chartered Bank

The date of the Final Terms is 16 April 2014.


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 and the supplementary Prospectuses dated 14 January 2014, 18 March 2014 and 8 April 2014 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 One Basinghall Avenue, London EC2V 5DD.

1 Issuer: Standard Chartered Bank
2 (i) Series Number: 118
(ii) Tranche Number: 1
3 Currency or Currencies: Sterling (“£”)
4 Aggregate Nominal Amount: £205,700,000
(i) Series: £205,700,000
(ii) Tranche: £205,700,000
5 Issue Price: 100 per cent. of the Aggregate Nominal Amount
6 Denominations: £100,000
7 Calculation Amount: £100,000
8 (i) Issue Date: 22 April 2014
(ii) Interest Commencement Date: 22 April 2014
9 Maturity Date: The Interest Payment Date falling on or nearest to 22 April 2015
10 Interest Basis: 3 month GBP LIBOR + 0.15 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

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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:
22 July 2014, 22 October 2014, 22 January 2015 and 22 April 2015

(iii) First Interest Payment Date:
22 July 2014

(iv) Business Day Convention:
Modified Following Business Day Convention

(v) Relevant Financial Centre(s) (Condition 4(i)):
London

(vi) Manner in which the Rate(s) of Interest is/are to be determined:
Page

(vii) Interest Period Date(s):
Not Applicable

(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: 11:00 a.m. London time
- Interest Determination Date: First Business Day of the relevant Interest Period
- Primary Source for Floating Rate: Reuters page LIBOR01
- Reference Banks (if Primary Source is "Reference Banks"):
Not Applicable
- Relevant Financial Centre: London
- Benchmark: 3 month GBP LIBOR
- Representative Amount: £205,700,000
- Effective Date: The first day of the relevant Interest Accrual Period
- Specified Duration: 3 months

(x) Margin(s): + 0.15 per cent. per annum

(xi) Minimum Rate of Interest: Not Applicable

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(xii) Maximum Rate of Interest: Not Applicable
(xiii) Day Count Fraction (Condition 4(i)): Actual/365 (Fixed)
(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 £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

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Signed on behalf of the Issuer:

By: Rupert Wiggy
Duly authorised

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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 22 April 2014.

(iii) Estimated total expenses of admission to trading
£3,600

2 RATINGS

Ratings
The Notes to be issued are expected to be assigned the following rating:
Moody’s: A1

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 LIBOR rates can be obtained from Reuters page LIBOR01.

5 OPERATIONAL INFORMATION

(i) ISIN Code:
XS1060712848

(ii) Common Code:
106071284

(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 Notes to be added:
Not Applicable

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Paying Agent(s) (if any):

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

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