Standard Chartered PLC Redemption of SGD700m Subordinated Notes (6587K)
January 05 2021 - 12:00PM
UK Regulatory
TIDMSTAN
RNS Number : 6587K
Standard Chartered PLC
05 January 2021
RNS announcement for release in London
Standard Chartered PLC
5 January 2021
Redemption by Standard Chartered PLC ("SCPLC") of SGD
700,000,000 Callable Fixed-to-Fixed Rate Subordinated Notes Due
2026 (ISIN: XS1020855588) (the "Notes")
SCPLC has today given notice to the holders of the Notes that it
will fully redeem the outstanding Notes on 23 January 2021 (the
"Redemption Date") in accordance with the terms and conditions of
the Notes (the "Conditions"). The Notes will be redeemed at 100 per
cent. of their principal amount together with accrued interest.
Following redemption, the Notes will be cancelled pursuant to
the Conditions. Accordingly, the listing of the Notes on the
Official List of the FCA and the admission of the Notes to trading
on the Regulated Market of the London Stock Exchange will be
cancelled on, or shortly after, 26 January 2021.
For further information please contact:
Daniel Banks
Managing Director, Global Head, Debt Investor Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 6329
Julie Gibson
Head of Group Media Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 2434
Standard Chartered PLC LEI: U4LOSYZ7YG4W3S5F2G91
END.
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