Slaughter and May advised Standard Chartered PLC on its issuance of US$2 billion Senior Notes

09 Jan 2020

Slaughter and May advised Standard Chartered PLC on its issuance of U.S.$2,000,000,000 2.819 per cent. Fixed-to-Floating Rate Notes due 2026 (the “Notes”). The Notes were issued under the U.S.$77,500,000,000 Debt Issuance Programme established by Standard Chartered PLC and Standard Chartered Bank.

The Notes, which were issued on 14 January 2020, have been assigned a rating of A2 by Moody’s, BBB+ by S&P, and A by Fitch. The Notes have been admitted to the Official List of the FCA and to trading on the regulated market of the London Stock Exchange.

BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Standard Chartered Bank and UBS Securities LLC acted as joint lead managers in connection with the issuance.

Contacts

Oliver Storey (partner), Kevin Howes (associate), Zahra Haji (associate)


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