Slaughter and May advised Standard Chartered PLC on its issuance of Fixed Rate Reset Notes and Floating Rate Notes due 2023

Slaughter and May advised Standard Chartered PLC on its issuance of U.S.$1,000,000,000 1.319 per cent. Fixed Rate Reset Notes due 2023 and U.S.$500,000,000 Floating Rate Notes (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 October 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.

Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, Nomura Securities International, Inc, and Standard Chartered Bank acted as joint lead managers in connection with the issuance.

Financing
Harry Bacon Partner
Emma Kudzin Associate
Zahra Haji Associate
Peaches Stanforth Associate