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Standard Chartered PLC — Capital/Financing Update 2015
Apr 21, 2015
4648_rns_2015-04-21_4bb5d862-3b73-4198-ae33-a9b813c7aabc.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
G BP Floating Rate Notes due 22 April 2016
Issued by
Standard Chartered Bank
The date of the Final Terms is April
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 15 December and 20 March 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 1 Basinghall Avenue, London EC2V 5DD.
| 1 | Issuer: | Standard Chartered Bank | ||
|---|---|---|---|---|
| 2 | (i) | Series Number: | 136 | |
| (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: | G BP 103,000,000 | ||
| (ii) | Tranche: | G BP 103,000,000 | ||
| 5 | Issue Price: | per of the Aggregate Nominal Amount |
||
| 6 | Denominations: | G B P 200,000 | ||
| 7 | Calculation Amount: | G B P 200,000 | ||
| 8 | (i) | Issue Date: | 22 April | |
| (ii) | Interest Commencement Date: | Issue Date | ||
| 9 | Date: | 22 April | ||
| 10 | Interest Basis: | 3 month GB P LIBOR + 0.2 per per annum Floating 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 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 | |||
| PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE | |||||
| 15 | 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 |
|||
| (ii) | Interest Payment Dates: | 22 July 2015, 22 October 2015, 22 January and 22 April , subject in each case to adjustment in accordance with the Business Day Convention specified below. |
|||
| (iii) | First Interest Payment Date: | 22 July | |||
| (iv) | Business Day Convention: | Modified Following Business Day Convention | |||
| (v) | Relevant Financial Centre(s) (Condition | London | |||
| (vi) | Manner in which the Rate(s) of Interest is/are to be determined: |
Page | |||
| Interest Period Date(s): | Each interest Payment Date | ||||
| 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: | 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 |
| Relevant Financial Centre: | London | |
|---|---|---|
| Benchmark: | 3 month GB P LIBOR |
Effective Date:
Specified Duration:
(x) Linear Interpolation:
(xi) Margin(s):
(xii) Minimum Rate of Interest:
(xiii) Maximum Rate of Interest:
(xiv) Day Count Fraction (Condition 4(j)):
(xv) Rate Multiplier:
17 Reset Note Provisions
18 Zero Coupon Note Provisions
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 | |
| 23 | Early Redemption Amount | G BP 200,000 per Calculation Amount |
| (i) Early Redemption Amount(s) per |
- Calculation Amount payable on redemption for taxation reasons or on event of default or other early redemption:
- (ii) Redemption for taxation reasons permitted on days other than Interest Payment Dates (Condition 5(c)):
- (iii) Unmatured Coupons to become void upon early redemption (Bearer Notes only) (Condition 6(f)):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
24 Form of Notes: Bearer Notes
Yes
Yes
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
The first day of the relevant Interest Period
3 months
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Actual/365 (Fixed)
- 0.2 per per annum
25New Global Note: Yes
- 26 Business Day Jurisdiction(s) (Condition 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):
PART B - OTHER INFORMATION
1 Listing
to trading
(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
(iii) Estimated total expenses of admission GBP 3,600.00
2 RATINGS
Ratings The Notes to be issued are expected to be assigned the following ratings:
Moody's: A2 S&P: A-Fitch: AA-
3 INTERESTS O F NATURAL AND LEGA L PERSON S 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
5 OPERATIONAL INFORMATION
| (i) | ||
|---|---|---|
| (ii) | Common Code: | 122092143 |
| (iii) | Any clearing system(s) other than Euroclear Bank S.A./N.V., Clearstream and DTC and Banking, societ e the relevant identification number(s): |
Not Applicable |
(iv) Delivery: Delivery against payment
The Bank of New York Mellon, One Canada Square, London 5AL, United Kingdom
Not Applicable
- (v) Names and addresses of initial Paying Agent(s):
- (vi) Names and addresses of additional Paying Agent(s) (if any):
6 DISTRIBUTION
(i) Method of distribution: (ii) If syndicated: (A) Names of Managers: (B) Stabilising Manager(s) (if any): (iii) If non-syndicated, name of Dealer: (iv) US Selling Restrictions: Non-syndicated Not Applicable Not Applicable Standard Chartered Bank Reg. S Compliance Category; TEFR A not applicable