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Standard Chartered PLC — Capital/Financing Update 2014
Nov 19, 2014
4648_rns_2014-11-19_d2c47814-b254-409e-891b-f728017253b4.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.\$70,000,000,000
Debt Issuance Programme
€500,000,000 per cent. Dated Subordinated Notes due 2024
Issued by
Standard Chartered PLC
Bof A Merrill Lynch BNP PARIBAS Credit Suisse Societe Generale Corporate & Investment Banking Standard Chartered Bank
The date of the Final Terms is November
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 October which, together with the supplementary prospectus dated 30 October 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 Basinghall Avenue, London EC2V 5DD.
| 1 | Issuer: | Standard Chartered PLC | |
|---|---|---|---|
| 2 | (i) | Series Number: | |
| (ii) | Tranche Number: | 1 | |
| (iii) | Date on which the Notes will be consolidated and form a single Series: |
Not Applicable | |
| 3 | Currency or Currencies: | ||
| 4 | Aggregate Nominal Amount: | Euro ("€") | |
| (i) | Series: | €500,000,000 | |
| (ii) | Tranche: | €500,000,000 | |
| Issue Price: | 99.426 per of the Aggregate Nominal Amount |
||
| Denominations: | €100,000 and integral multiples of €1,000 in excess thereof |
||
| 7 | Calculation Amount: | €1,000 | |
| 8 | (i) | Issue Date: | November |
| (ii) | Interest Commencement Date: | Issue Date | |
| 9 | Maturity Date: | 19 November 2024 | |
| 10 | Interest Basis: | per per annum Fixed 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 |
|
| 12 | Change of Interest: | Not Applicable | |
| 13 | Put/Call Options: | Regulatory Capital Call | |
| 14 | (i) | Status of the Notes: | Dated Subordinated |
| (ii) | Date Board approval for issuance of Notes obtained: |
Not Applicable |
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
| 15 | Fixed Rate Note Provisions | Applicable | |||
|---|---|---|---|---|---|
| (i) | Rate of Interest: | 3.125 per per annum payable annually in arrear on each Interest Payment Date |
|||
| (ii) | Interest Payment Date(s): | 19 November in each year commencing on November up to and including November 2024 |
|||
| (iii) | Fixed Coupon Amount: | per Calculation Amount | |||
| (iv) | Broken Amount(s): | Not Applicable | |||
| (v) | Day Count Fraction (Condition 4(j)): | Actual/Actual - | |||
| (vi) | Determination Dates: | November in each year | |||
| (vii) | Relevant Currency | Not Applicable | |||
| 16 | Floating Rate Note Provisions | Not Applicable | |||
| 17 | Reset Note Provisions | Not Applicable | |||
| 18 | Zero Coupon Note Provisions | Not Applicable | |||
| PROVISIONS RELATING TO REDEMPTION | |||||
| 19 | Call Option | Not Applicable | |||
| 20 | Regulatory Capital Call | Applicable | |||
| (i) | Redemption Amount per Note: | per Calculation Amount | |||
| 21 | Put Option | Not Applicable | |||
| 22 | Final Redemption Amount of each Note | ||||
| 23 | per Calculation Amount 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: |
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 | |||||
| 24 | Form of Notes: | Registered Notes |
Global Certificate exchangeable for Definitive
Certificates in the limited circumstances specified in the Global Certificate
25 New Global Note:
- 26 Business Day Jurisdiction(s) (Condition 6(h)) or other special provisions relating to Payment Dates:
- 27 Talons for future Coupons to be attached to Definitive Notes (and dates on which such Talons mature):
London
No
Not Applicable
Signed on behalf of the Issuer:
Duly authorised
PART B - OTHER INFORMATION
1 Listing
Official List of the UK Listing Authority and trading on the London Stock Exchange 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 19 November £3,650 (i) Listing: (ii) Admission to trading: (iii) Estimated total expenses of admission to trading
2 RATINGS
Ratings
The Notes to be issued are expected to be assigned the following ratings:
S&P: BBB+
Moody's: A3
Fitch: A+
3 INTERESTS O F NATURAL AND LEGA L PERSON S 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 of the Base Prospectus.
Calculated as per 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.
OPERATIONAL INFORMATION
| (i) | ||
|---|---|---|
| (ii) | Common Code | 114085731 |
| (iii) | Any clearing system(s) other than Euroclear Bank S.A./N.V., Banking, and societ e DTC 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 5AL, United Kingdom |
| (vi) | Names and addresses of additional Paying Agent(s) (if any): |
Not Applicable |
DISTRIBUTION
| Method of distribution: | Syndicated | ||
|---|---|---|---|
| If syndicated: | |||
| (A) Names of Joint Lead Managers: |
BNP Paribas Credit Suisse Securities (Europe) Limited Merrill Lynch International Societe Generale Standard Chartered Bank |
||
| (B) Stabilising Manager(s) (if any): |
Credit Suisse Securities (Europe) Limited | ||
| If non-syndicated, name of Dealer: |
Not Applicable | ||
| US Selling Restrictions: | Reg. S Compliance Category 2; TEFR A not applicable. | ||