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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Standard Chartered Plc | LSE:STAN | London | Ordinary Share | GB0004082847 | ORD USD0.50 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 10.40 | 1.38% | 766.40 | 766.20 | 766.80 | 767.00 | 751.20 | 756.00 | 2,107,683 | 11:15:47 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Commercial Banks, Nec | 18.02B | 3.47B | 1.2403 | 6.18 | 21.44B |
From May 2019 to May 2024
By Joanne Chiu
Standard Chartered PLC. (2888.HK) said it will issue US$2 billion worth of perpetual contingent convertible securities as the U.K. bank seeks to strengthen its capital base.
The emerging-market-focused lender said in a statement Monday that the perpetual subordinated contingent convertible securities will be issued on April 2, with the expected net proceeds of $1.98 billion to be used for general business purposes and strengthening its capital base.
The interest rate on the securities from the issue date to April 2, 2020 is a fixed rate of 6.5%, it added.
Write to Joanne Chiu at joanne.chiu@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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