Standard Chartered PLC Notice of Redemption

RNS Number : 4428Q

Standard Chartered PLC

30 May 2024

 

 

30 May 2024

NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES

 

 

 

To:         The Noteholders of the Notes described below

 

 

 

Standard Chartered PLC (UK Company Number: 00966425, LEI: U4LOSYZ7YG4W3S5F2G91) ("Issuer")

Redemption of A$600,000,000 Fixed-to-Floating Rate Notes due 28 June 2025 (ISIN: AU3CB0264703) ("Notes")

 

Terms used in this notice have the meaning given to them in the terms and conditions of the Notes as set out in the Information Memorandum dated 29 June 2018 and as supplemented by the Pricing Supplement dated 26 June 2019.

 

In accordance with Condition 9.6, the Issuer hereby gives notice to Noteholders of its intention to exercise its right to redeem all outstanding Notes on 28 June 2024.

 

Accordingly, on 28 June 2024, the Issuer will redeem the Notes at the Redemption Amount (being the outstanding principal as at the date of redemption) together with accrued interest to the date of redemption.

 

The Issuer confirms that the United Kingdom Prudential Regulation Authority has given its consent to the redemption of the Notes.

 

The details of the Notes being redeemed are listed below:

 

Series of Notes:	Series 2
Tranche of Notes:	Tranche 1
Austraclear Series Number:	STCP02
ISIN:	AU3CB0264703
Redemption Amount:	The outstanding principal amount of the Note (being A$10,000 per Note) plus the accrued interest to the Early Redemption Date (Call) as set out below
Early Redemption Date (Call):	28 June 2024

 

The listing of the Notes on the Australian Securities Exchange will be cancelled on, or shortly after, 28 June 2024.

 

 

 

 

In case of queries, please contact:

Daniel Banks
Managing Director, Global Head, Debt Investor Relations
1 Basinghall Avenue
London   EC2V 5DD
United Kingdom

Telephone: [phone]

 

Shaun Gamble
Director, Group Media Relations
1 Basinghall Avenue
London   EC2V 5DD
United Kingdom

Telephone: [phone]

 

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END

 

 

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