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STAN Standard Chartered Plc

755.00
-1.00 (-0.13%)
03 May 2024 - Closed
Delayed by 15 minutes
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
  -1.00 -0.13% 755.00 751.00 751.20 767.00 748.00 756.00 9,254,104 16:35:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 18.02B 3.47B 1.2403 6.06 21.01B

StanChart to Issue US$2 Billion Worth of Fixed Rate Perpetual Convertible Securities

15/08/2016 2:10am

Dow Jones News


Standard Chartered (LSE:STAN)
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From May 2019 to May 2024

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   By Joanne Chiu 
 

Standard Chartered Plc. (2888.HK) plans to issue US$2 billion worth of fixed rate resetting perpetual subordinated contingent convertible securities in a bid to strengthen its capital base.

The emerging-market-focused lender said after trading hours Friday that the proposed convertible securities carry an initial fixed interest rate of 7.5% annually.

 

Write to Joanne Chiu at joanne.chiu@wsj.com

 

(END) Dow Jones Newswires

August 14, 2016 20:55 ET (00:55 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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