Slaughter and May advised Standard Chartered PLC on its issuance of €1,000,000,000 2.50 per cent. Fixed Rate Reset Dated Subordinated Notes due 2030

Slaughter and May advised Standard Chartered PLC on its issuance of €1,000,000,000 2.50 per cent. Fixed Rate Reset Dated Subordinated Notes due 2030 (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 9 June 2020, have been assigned a rating of BBB- by S&P, Baa2 by Moody’s and BBB+ 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.

Barclays Bank PLC, BNP Paribas, ING Bank N.V. and Standard Chartered Bank acted as joint lead managers in connection with the issuance.

Financing
Harry Bacon Partner
Emma Kudzin Associate
Zahra Haji Associate
Henry Davall Associate