Standard Chartered PLC Notice of Redemption

RNS Number : 8346F

Standard Chartered PLC

06 March 2024

 

 

For distribution only (a) in the United States, to qualified institutional buyers (as defined in Rule 144A under the United States Securities Act of 1933, as amended (the "Securities Act")), and (b) outside the United States to persons other than "U.S. persons" (as defined in Regulation S of the Securities Act)

 

 

STANDARD CHARTERED PLC

 

1 Basinghall Avenue
London EC2V 5DD
United Kingdom
Registered Number: 00966425
LEI: U4LOSYZ7YG4W3S5F2G91

 

Notice to the holders of U.S.$500,000,000 1.214 per cent. Fixed Rate Reset Sustainability Notes due 2025 (the "Notes") issued by Standard Chartered PLC ("SCPLC")
ISIN: US853254CB42 / XS2312154508

 

Notice of redemption

 

Notice is hereby given to the holders of the Notes that, pursuant to the Final Terms dated 16 March 2021 relating to the Notes (the "Final Terms"), SCPLC will exercise its right to redeem all outstanding Notes on 23 March 2024. Accordingly, on 25 March 2024¹, all of the Notes shall be redeemed at their Call Option Redemption Amount (as defined in the Final Terms), together with all accrued but unpaid interest. The listing of the Notes on the Official List of the Financial Conduct Authority and the admission of the Notes to trading on the Main Market of the London Stock Exchange plc will be cancelled on, or shortly after, 26 March 2024.

 

SCPLC confirms that the Prudential Regulation Authority has given its consent to the redemption of the Notes.

 

In case of queries, please contact:

Daniel Banks
Managing Director, Global Head, Debt Investor Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 6329

 

Shaun Gamble

Director, Group Media Relations

1 Basinghall Avenue

London

EC2V 5DD

020 7885 5934

 

Dated:  06 March 2024

 

¹In line with condition 6(h) set forth in the base prospectus dated 15 June 2023 (the "Base Prospectus", which definition includes the base prospectus and all information incorporated by reference therein), as supplemented by the supplementary prospectuses dated 28 July 2023, 4 September 2023, 26 October 2023 and 28 December 2023.

 

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END

 

 

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