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Standard Chartered PLC Capital/Financing Update 2015

May 20, 2015

4648_rns_2015-05-20_0f0855d6-2d18-4901-85e4-06ea9bb57acc.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

GBP 370,000,000 Floating Rate Notes due 20 May 2016

Issued by

Standard Chartered Bank

The date of the Final Terms is 18 May 2015.


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 2014 which, together with the supplementary prospectuses dated 30 October 2014, 15 December 2014, 20 March 2015 and 28 April 2015, 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.

1 Issuer: Standard Chartered Bank
2 (i) Series Number: 137
(ii) Tranche Number: 1
(iii) Date on which the Notes will be consolidated and form a single Series: Not Applicable
3 Currency or Currencies: POUND STERLING (“GBP”)
4 Aggregate Nominal Amount:
(i) Series: GBP 370,000,000
(ii) Tranche: GBP 370,000,000
5 Issue Price: 100.00 per cent. of the Aggregate Nominal Amount
6 Denominations: GBP 100,000
7 Calculation Amount: GBP 100,000
8 (i) Issue Date: 20 May 2015
(ii) Interest Commencement Date: Issue Date
9 Maturity Date: 20 May 2016
10 Interest Basis: 3 month GBP LIBOR + 0.2 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

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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) Interest Payment Dates: 20 August 2015, 20 November 2015, 20 February 2016 and 20 May 2016, subject in each case to adjustment in accordance with the Business Day Convention specified below.

(iii) First Interest Payment Date: 20 August 2015
(iv) Business Day Convention: Modified Following Business Day Convention
(v) Relevant Financial Centre(s) (Condition 4(j)): London
(vi) Manner in which the Rate(s) of Interest is/are to be determined: Page
(vii) Interest Period Date(s): Each Interest Payment Date
(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 day of the relevant Interest Period
- Primary Source for Floating Rate: Reuters page LIBOR01
- Reference Banks (if Primary Source is "Reference Banks"): Not Applicable

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  • Relevant Financial Centre: London
  • Benchmark: 3 month GBP LIBOR
  • Effective Date: The first day of the relevant Interest Period
  • Specified Duration: 3 months

(x) Linear Interpolation: Not Applicable
(xi) Margin(s): + 0.2 per cent. per annum
(xii) Minimum Rate of Interest: Not Applicable
(xiii) Maximum Rate of Interest: Not Applicable
(xiv) Day Count Fraction (Condition 4(j)): Actual/365 (Fixed)
(xv) Rate Multiplier: 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: Not Applicable
21 Put Option: Not Applicable
22 Final Redemption Amount of each Note: GBP 100,000 per Calculation Amount
23 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: GBP 100,000 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)): Yes

GENERAL PROVISIONS APPLICABLE TO THE NOTES

24 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

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25 New Global Note: Yes
26 Business Day Jurisdiction(s) (Condition 6(h)) or other special provisions relating to Payment Dates: London
27 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: img-0.jpeg
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 20 May 2015

(iii) Estimated total expenses of admission to trading
GBP 3,600.00

2 RATINGS

Ratings
The Notes to be issued are expected to be assigned the following ratings:
Moody's: Aa2
S&P: A+

3 INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

Save for any fees payable to the Manager, so far as the Issuer is aware, no person involved in the offer of the Notes has an interest material to the offer.

The Manager and its 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 HISTORIC INTEREST RATES

Details of historic LIBOR rates can be obtained from Reuters page LIBOR01.

5 OPERATIONAL INFORMATION

(i) ISIN:
XS1235847594

(ii) Common Code:
123584759

(iii) Any clearing system(s) other than Euroclear Bank S.A./N.V., Clearstream Banking, société anonyme and DTC and the relevant identification number(s):
Not Applicable

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(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: Non-syndicated
(ii) If syndicated:
(A) Names of Managers: Not Applicable
(B) Stabilising Manager(s) (if any): Not Applicable
(iii) If non-syndicated, name of Dealer: Standard Chartered Bank
(iv) US Selling Restrictions: Reg. S Compliance Category; TEFRA not applicable

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