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Published on 10/5/2020 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Standard Chartered to fully redeem €1.25 billion subordinated notes

By Taylor Fox

New York, Oct. 5 – Standard Chartered plc plans to fully redeem its outstanding €1.25 billion fixed-to-fixed rate subordinated notes (ISIN: XS0983704718) on Oct. 21, according to a company announcement.

The notes will be redeemed at par plus interest.

The issuer is a Singapore-based unit of London-based financial services company Standard Chartered Bank.


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