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Standard Chartered PLC — Capital/Financing Update 2014
Jun 12, 2014
4648_rns_2014-06-12_5425666a-1156-45c0-813f-b7466482c377.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.$57,500,000,000
Debt Issuance Programme
€1,000,000,000 1.625 per cent. Notes due 2021
Issued by
Standard Chartered PLC
Joint Lead Managers
Deutsche Bank
J.P. Morgan Cazenove
Standard Chartered Bank
UBS Investment Bank
The date of the Final Terms is 11 June 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 which, together with the supplementary prospectuses dated 14 January 2014, 18 March 2014, 8 April 2014 and 30 May 2014 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 1 Basinghall Avenue, London EC2V 5DD.
- Issuer: Standard Chartered PLC
- (i) Series Number: 121
(ii) Tranche Number: 1
(iii) Date on which the Notes will be consolidated and form a single Series: Not Applicable - Currency or Currencies: Euro (“€”)
- Aggregate Nominal Amount: €1,000,000,000
(i) Series: €1,000,000,000
(ii) Tranche: €1,000,000,000 - Issue Price: 99.372 per cent. of the Aggregate Nominal Amount
- Denominations: €100,000 and integral multiples of €1,000 in excess thereof up to and including €199,000
- Calculation Amount: €1,000
- (i) Issue Date: 13 June 2014
(ii) Interest Commencement Date: Issue Date - Maturity Date: 13 June 2021
- Interest Basis: 1.625 per cent. per annum Fixed Rate
- 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
- Change of Interest: Not Applicable
- Put/Call Options: Not Applicable
- (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
Applicable
(i) Rate of Interest: 1.625 per cent. per annum payable annually in arrear on each Interest Payment Date
(ii) Interest Payment Date(s): 13 June in each year, commencing on 13 June 2015, up to and including 13 June 2021
(iii) Fixed Coupon Amount: €16.25 per Calculation Amount
(iv) Broken Amount(s): Not Applicable
(v) Day Count Fraction (Condition 4(i)): Actual/Actual – ICMA
(vi) Determination Dates: 13 June in each year
(vii) Relevant Currency: Not Applicable
16 Floating Rate Note Provisions
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
€1,000 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: As per Conditions
(ii) Redemption for taxation reasons permitted on days other than Interest Payment Dates (Condition 5(c)): Yes
(iii) Unmatured Coupons to become void upon early redemption (Bearer Notes only) (Condition 6(f)): No
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23 Form of Notes:
Bearer Notes
Temporary Global Note exchangeable for a permanent Global Note which is exchangeable
2
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: 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:
By:
Handwritten signature
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 13 June 2014.
(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 ratings:
S&P: A+
Moody's: A2
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 Fixed Rate Notes only –YIELD
Indication of yield: See “General Information” on page 140 of the Base Prospectus.
Calculated as 1.721 per cent. per annum on the Issue Date.
As set out above, the yield is calculated at the Issue Date on the basis of the Issue Price. It is not an indication of future yield.
5 OPERATIONAL INFORMATION
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(i) ISIN Code: XS1077631635
(ii) Common Code: 107763163
(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 Joint Lead Managers: Deutsche Bank AG, London Branch
J.P. Morgan Securities plc
Standard Chartered Bank
UBS Limited
(B) Stabilising Manager(s) (if any): J.P. Morgan Securities plc
(iii) If non-syndicated, name of Dealer: Not Applicable
(iv) US Selling Restrictions: Reg. S Compliance Category 2; TEFRA D
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