Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Standard Chartered PLC Capital/Financing Update 2014

Sep 8, 2014

4648_rns_2014-09-08_fa8761bd-f242-48ac-a443-3d69c5a3b063.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

Final Terms

STANDARD CHARTERED PLC, STANDARD CHARTERED BANK

and

STANDARD CHARTERED BANK (HONG KONG) LIMITED

Debt Issuance Programme

U.S.\$500,000,000 Floating Rate Notes due 2017

Issued by

Standard Chartered PLC

Joint Lead Managers

Barclays BofA Merrill Lynch Goldman, Sachs & Co. Standard Chartered Bank

The date of the Final Terms is 3 September

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, 30 May 2014 and 2 September 2014, constitutes (with the exception of certain sections) a base prospectus (the "Base Prospectus") for the purposes of the Prospectus Directive (Directive 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 Avenue, London EC2V 5DD.

1 Issuer: Standard Chartered PLC
2 (i) Series Number: 125
(ii) Tranche Number: 1
(iii) Date on which the Notes will be
consolidated and form a single Series:
Not Applicable
3 Currency or Currencies: United States Dollars ("U.S.\$")
4 Aggregate Nominal Amount:
(i) Series:
(ii) Tranche: U.S.\$500,000,000
5 Issue Price: 100.00 per
of the Aggregate Nominal
Amount
6 Denominations'. U.S.\$200,000 and integral multiples of
U.S.\$1,000 in excess thereof
U.S.\$1,000
7
8
(i) Calculation Amount:
Issue Date:
8 September 2014
(ii) Interest Commencement Date: Issue Date
9 Maturity Date: The Interest Payment Date falling on or nearest
to 8 September 2017
10 Interest Basis: 3 month U.S. dollar LIBOR + 0.34
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
of their nominal
amount
Change of 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
Fixed Rate Note Provisions Not Applicable
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
Specified Interest Payment Dates: 8 March, 8 June, 8 September and 8 December
of each year, commencing on 8 December 2014,
up to and including 8 September 2017, subject
in each case to adjustment in accordance with
the Business Day Convention specified below.
(iii) First Interest Payment Date: 8 December 2014
(iv) Business Day Convention: Modified Following Business Day Convention
(v) Relevant Financial Centre(s) (Condition
4(i)):
London
Manner in which the Rate(s) of
Interest is/are to be determined:
Page
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)(0):
Relevant Time: 11:00 a.m. London time
Interest Determination Date: Second London Business Day prior to the start
of the relevant
Period
Primary Source for Floating Rate: Reuters page
Reference Banks (if Primary
Source is "Reference Banks"):
Not Applicable
Relevant Financial Centre: London
Benchmark: 3 month U.S. dollar LIBOR
Representative Amount:
Effective Date: The first day of the relevant Interest Accrual
Period
Specified Duration: 3 months
(x) Margin(s): + 0.34 per
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 000 Der Calculation Amount
22 Early Redemption Amount
(i) redemption: Early Redemption Amount(s) per
Calculation Amount payable on
redemption for taxation reasons or on
event of default or other early
per Calculation Amount
(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)):
Not Applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23 Form of Notes: Registered Notes
Global Certificates exchangeable for Definitive
Certificates
in
the
limited
circumstances
specified in the Global Certificates
24 New Global Note: No
25 Business Day Jurisdiction(s) (Condition 6(h)) or
other special provisions relating to Payment
Dates:
London and New York

26 Talons for future Coupons to be attached to Definitive Notes (and dates on which such Talons mature):

Signed on behalf of the Issuer:

Duly authorise d

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
market
with effect
regulated
from
on or
around 8 September 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 ratings:

S&P: A+

Moody's: A2

Fitch: AA-

3 INTERESTS OF NATURAL AND LEGA L 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) Unrestricted Notes:
(a) XS1107562321
(b) Common Code:
(ii) Restricted Notes:
(a) ISINCode: US853254AR12
(b) Number: AR1
(iii) Any clearing system(s) other than
Euroclear Bank S.A./N.V. and
Clearstream Banking,
and the relevant identification number(s):
DTC
(iv) Delivery: Delivery free of payment in respect of the
Restricted Notes and delivery against
payment in respect of the Unrestricted Notes
(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: Joint Lead Managers
Barclays Capital
Goldman, Sachs & Co.
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
Standard Chartered Bank
(B) Stabilising Manager(s) (if any): Merrill Lynch, Pierce, Fenner & Smith
Incorporated
(iii) If non-syndicated, name of Dealer: Not Applicable
(iv) US Selling Restrictions: Reg.
S Compliance Category 2; TEFRA not
applicable
Rule 144A: Qualified Institutional Buyers only