Bond Stanchart PLC 2.819% ( XS2100414866 ) in USD

Issuer Stanchart PLC
Market price refresh price now   100 %  ⇌ 
Country  United Kingdom
ISIN code  XS2100414866 ( in USD )
Interest rate 2.819% per year ( payment 2 times a year)
Maturity 30/01/2026



Prospectus brochure of the bond Standard Chartered Plc XS2100414866 en USD 2.819%, maturity 30/01/2026


Minimal amount 200 000 USD
Total amount 2 000 000 000 USD
Next Coupon 30/01/2026 ( In 70 days )
Detailed description Standard Chartered PLC is a British multinational banking and financial services company headquartered in London, operating in Asia, Africa, and the Middle East, with a focus on emerging markets.

The Bond issued by Stanchart PLC ( United Kingdom ) , in USD, with the ISIN code XS2100414866, pays a coupon of 2.819% per year.
The coupons are paid 2 times per year and the Bond maturity is 30/01/2026







Final Terms
STANDARD CHARTERED PLC
and
STANDARD CHARTERED BANK
U.S.$77,500,000,000
Debt Issuance Programme
U.S.$2,000,000,000 2.819 per cent. Fixed-to-Floating Rate Notes due 2026
Issued by
Standard Chartered PLC
Joint Lead Managers
BofA Securities, Inc.
Goldman Sachs & Co. LLC
J.P. Morgan Securities LLC
Standard Chartered Bank
UBS Securities LLC
Co-Lead Managers
CIMB Bank Berhad, Labuan Offshore Branch
Emirates NBD Bank PJSC
First Abu Dhabi Bank PJSC
Industrial and Commercial Bank of China (Macau) Limited
NatWest Markets Securities Inc.
QNB Capital LLC
Rabo Securities USA, Inc.
TD Securities (USA) LLC
United Overseas Bank Limited
The date of the Final Terms is 7 January 2020.
1


PART A ­ CONTRACTUAL TERMS
PROHIBITION OF SALES TO EEA RETAIL INVESTORS ­ The Notes are not intended to be offered,
sold or otherwise made available to and should not be offered, sold or otherwise made available to
any retail investor in the European Economic Area ("EEA"). For these purposes, a retail investor
means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of
Directive 2014/65/EU (as amended or superseded, "MiFID II"); (ii) a customer within the meaning of
Directive 2002/92/EC (as amended, "IMD"), where that customer would not qualify as a professional
client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in
Directive 2003/71/EC (as amended or superseded, the "Prospectus Directive"). Consequently no
key information document required by Regulation (EU) No 1286/2014 (the "PRIIPs Regulation") for
offering or selling the Notes or otherwise making them available to retail investors in the EEA has
been prepared and therefore offering or selling the Notes or otherwise making them available to any
retail investor in the EEA may be unlawful under the PRIIPs Regulation.
MiFID II PRODUCT GOVERNANCE / PROFESSIONAL INVESTORS AND ELIGIBLE
COUNTERPARTIES ONLY TARGET MARKET ­ Solely for the purposes of each manufacturer's
product approval process, the target market assessment in respect of the Notes has led to the
conclusion that: (i) the target market for the Notes is eligible counterparties and professional clients
only, each as defined in MiFID II; and (ii) all channels for distribution of the Notes to eligible
counterparties and professional clients are appropriate. Any person subsequently offering, selling or
recommending the Notes (a "distributor") should take into consideration the manufacturers' target
market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own
target market assessment in respect of the Notes (by either adopting or refining the manufacturers'
target market assessment) and determining appropriate distribution channels.
NOTIFICATION UNDER SECTION 309B OF THE SECURITIES AND FUTURES ACT, CHAPTER
289 OF SINGAPORE ­ The Notes are prescribed capital markets products (as defined in the
Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment
Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and
MAS Notice FAA-N16: Notice on Recommendations on Investment Products).
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth
in the Prospectus dated 18 June 2019 which, together with the supplementary prospectuses dated 1
August 2019, 30 October 2019 and 18 December 2019 constitutes (with the exception of certain
sections) a base prospectus (the "Base Prospectus") for the purposes of the Prospectus Directive.
This document constitutes the final terms of the Notes described herein for the purposes of Article
5.4 of the Prospectus Directive and must be read in conjunction with the Base Prospectus. Full
information on the Issuer and the offer of the Notes is only available on the basis of the combination
of these Final Terms and the Base Prospectus. The Base Prospectus is available for viewing at 1
Basinghall Avenue, London EC2V 5DD and copies may be obtained from 1 Basinghall Avenue,
London EC2V 5DD.
1
Issuer:
Standard Chartered PLC
2
(i)
Series Number:
175
(ii) Tranche Number:
1
(iii) Date on which the Notes will be Not Applicable
consolidated and form a single Series:
3
Currency or Currencies:
United States Dollars ("U.S.$")
2


4
Aggregate Nominal Amount:
(i)
Series:
U.S.$2,000,000,000
(ii) Tranche:
U.S.$2,000,000,000
5
Issue Price:
99.999 per cent. of the Aggregate Nominal
Amount
6
Denominations:
U.S.$200,000 and integral multiples of
U.S.$1,000 in excess thereof
7
Calculation Amount:
U.S.$1,000
8
(i)
Issue Date:
14 January 2020
(ii) Interest Commencement Date:
Issue Date
9
Maturity Date:
The Interest Payment Date falling on or
nearest to 30 January 2026
10
Interest Basis:
2.819 per cent. Fixed Rate for the period from
(and including) the Issue Date to (but excluding)
30 January 2025
3 month U.S.$ LIBOR + 1.209 per cent. Floating
Rate for the period from (and including) 30
January 2025 to (but excluding) the Maturity Date
(see paragraphs 15 and 16 below)
11
Redemption/Payment Basis:
Subject to any purchase and cancellation or
early redemption, the Notes will be redeemed
on the Maturity Date at 100.000 per cent. of
their nominal amount
12
Change of Interest:
Fixed-to-Floating Rate Notes (see paragraphs 15
and 16 below)
13
Put/Call Options:
Issuer Call
Loss Absorption Disqualification Event Call
14
(i)
Status of the Notes:
Senior
(ii) Date Board approval for issuance of Not Applicable
Notes obtained:
(iii) Events of Default:
Restrictive Events of Default
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15
Fixed Rate Note Provisions:
Applicable for the period from (and including) the
Issue Date to (but excluding) 30 January 2025
(i)
Rate of Interest:
2.819 per cent. per annum payable semi-annually
in arrear on each Interest Payment Date
(ii) Interest Payment Date(s):
30 January and 30 July in each year to (and
including) 30 January 2025, commencing on 30
July 2020
(iii) Fixed Coupon Amount:
U.S.$14.095 per Calculation Amount
3


(iv) Broken Amount:
U.S.$15.35 per Calculation Amount, payable on
the Interest Payment Date falling on 30 July 2020
(v) Day Count Fraction (Condition 4(j)):
30/360
(vi) Determination Dates:
Not Applicable
(vii) Relevant Currency:
Not Applicable
16
Floating Rate Note Provisions:
Applicable for the period from (and including) 30
January 2025 to (but excluding) the Maturity Date
(i)
Interest Period(s):
The period beginning on (and including) 30
January 2025 and ending on (but excluding) the
next Interest Payment Date and each successive
period beginning on (and including) an Interest
Payment Date and ending on (but excluding) the
next succeeding Interest Payment Date
(ii) Interest Payment Dates:
30 April 2025, 30 July 2025, 30 October 2025
and 30 January 2026, subject to adjustment in
accordance with the Business Day Convention
specified below
(iii) First Interest Payment Date:
30 April 2025
(iv) Business Day Convention:
Modified Following Business Day Convention
(v) Relevant Financial Centre(s) (Condition London
4(j)):
(vi) Manner in which the Rate(s) of Interest Page
is/are to be determined:
(vii) Interest Period Date(s):
Not Applicable
(viii) Party responsible for calculating the Not Applicable
Rate(s) of Interest and Interest
Amount(s) (if not the Calculation Agent):
(ix) Page (Condition 4(c)):

Relevant Time:
11:00 a.m. London time

Interest Determination Date:
Second London Business Day prior to the start of
the relevant Interest Period

Primary Source for Floating Rate:
Reuters LIBOR01

Reference Banks (if Primary Source is Not Applicable
"Reference Banks"):

Relevant Financial Centre:
London

Benchmark:
3 month U.S.$ LIBOR

Effective Date:
The first day of the relevant Interest Accrual
Period

Specified Duration:
3 months
(x) Linear Interpolation:
Not Applicable
(xi) Margin(s):
+1.209 per cent. per annum
(xii) Minimum Rate of Interest:
Not Applicable
4


(xiii) Maximum Rate of Interest:
Not Applicable
(xiv) Day Count Fraction (Condition 4(j)):
Actual/360
(xv) Rate Multiplier:
Not Applicable
(xvi) Benchmark Discontinuation:
Applicable
17
Reset Note Provisions:
Not Applicable
18
Zero Coupon Note Provisions:
Not Applicable
PROVISIONS RELATING TO REDEMPTION
19
Issuer Call:
Applicable
(i)
Optional Redemption Date:
30 January 2025
(ii) Call Option Redemption Amount(s) and U.S.$1,000 per Calculation Amount
method, if any, of calculation of such
amount(s):
(iii) If redeemable in part:
(a) Minimum Call Option Redemption Not Applicable
Amount:
(b) Maximum Call Option Redemption Not Applicable
Amount:
(iv) Notice period:
As per Condition 5(d)
20
Regulatory Capital Call:
Not Applicable
21
Loss Absorption Disqualification Event
Applicable
Call:
(i)
Redeemable on days other than Interest Yes
Payment Dates (Condition 5(f)):
22
Put Option:
Not Applicable
23
Final Redemption Amount of each Note:
U.S.$1,000 per Calculation Amount
24
Early Redemption Amount:
(i)
Early Redemption
Amount(s) per U.S.$1,000 per Calculation Amount
Calculation
Amount
payable
on
redemption for taxation reasons, due to
Regulatory Capital Event or due to Loss
Absorption Disqualification Event or on
event of default:
(ii) Redeemable on days other than Interest Yes
Payment Dates (Condition 5(c)):
(iii) Unmatured Coupons to become void Not Applicable
upon early redemption (Bearer Notes
only) (Condition 6(f)):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
25
Form of Notes:
Registered Notes
5


Global Certificates exchangeable for Definitive
Certificates in the limited circumstances specified
in the Global Certificates
26
New Global Note:
No
27
Business Day Jurisdiction(s) (Condition
London and New York
6(h)) or other special provisions relating
to Payment Dates:
28
Talons for future Coupons to be attached No
to Definitive Notes (and dates on which
such Talons mature):
6




Part B ­ Other Information
1
LISTING
(i)
Listing:
Official List of the FCA and trading on the London
Stock Exchange
(ii) Admission to trading:
Application has been made by the Issuer (or on its
behalf) for the Notes to be admitted to trading on
the London Stock Exchange's regulated market
with effect from 14 January 2020.
(iii) Estimated total expenses of admission to £4,790
trading:
2
RATINGS
Ratings:
The Notes to be issued are expected to be
assigned the following ratings:
S&P: BBB+
Moody's: A2
Fitch: A
3
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE/OFFER
Save for any fees payable to the Managers, so far as the Issuer is aware, no person involved in the
offer of the Notes has an interest material to the offer.
The Managers and their affiliates have engaged, and may in the future engage, in investment banking
and/or commercial banking transactions with, and may perform other services for, the Issuer and its
affiliates in the ordinary course of business.
4
Fixed Rate Notes only ­ YIELD
Indication of yield:
See "General Information" on page 153 of the Base
Prospectus.
For the period from (and including) the Issue Date
to (but excluding) 30 January 2025, 2.819 per cent.
As set out above, the yield is calculated at the
Issue Date on the basis of the Issue Price. It is not
an indication of future yield.
4
Floating Rate Notes only ­ HISTORIC INTEREST RATES
Details of historic LIBOR rates can be obtained from Reuters LIBOR01.
5
OPERATIONAL INFORMATION
(i)
Unrestricted Notes
(a) ISIN:
XS2100414866
(b) Common Code:
210041486
(ii) Restricted Notes
(a) ISIN:
US85325WAA62
(b) CUSIP Number:
85325WAA6
8


(iii) FISN:
The FISN for the Notes will be as set out on the
website of the Association of National Numbering
Agencies (ANNA) or alternatively sourced from the
responsible National Numbering Agency that
assigned the ISIN.
(iv) CFI Code:
The CFI Code for the Notes will be as set out on
the website of the Association of National
Numbering Agencies (ANNA) or alternatively
sourced from the responsible National Numbering
Agency that assigned the ISIN.
(v) Any
clearing
system(s)
other
than Not Applicable
Euroclear Bank SA/NV, Clearstream
Banking, SA, the CMU Service, DTC and
the relevant identification number(s):
(vi) Delivery:
Delivery free of payment in respect of the
Restricted Notes and delivery free of payment in
respect of the Unrestricted Notes
(vii) Names and addresses of initial Paying The Bank of New York Mellon, One Canada
Agent(s):
Square, London E14 5AL, United Kingdom
(viii) Names and addresses of additional Paying Not Applicable
Agent(s) (if any):
(ix) Legal Entity Identifier:
U4LOSYZ7YG4W3S5F2G91
(x) Intended to be held in a manner which No. Whilst the designation is specified as "no" at
would allow Eurosystem eligibility:
the date of these Final Terms, should the
Eurosystem eligibility criteria be amended in the
future such that the Notes are capable of meeting
them the Notes may then be deposited with one of
the ICSDs as common safekeeper, and registered
in the name of a nominee of one of the ICSDs
acting as common safekeeper. Note that this does
not necessarily mean that the Notes will then be
recognised as eligible collateral for Eurosystem
monetary policy and intra day credit operations by
the Eurosystem at any time during their life. Such
recognition will depend upon the ECB being
satisfied that Eurosystem eligibility criteria have
been met.
6
DISTRIBUTION
(i)
Method of distribution:
Syndicated
(ii) If syndicated:
(A) Names of Managers:
Joint Lead Managers
BofA Securities, Inc.
Goldman Sachs & Co. LLC
J.P. Morgan Securities LLC
Standard Chartered Bank
UBS Securities LLC
9


Co-Lead Managers
CIMB Bank Berhad, Labuan Offshore Branch
Emirates NBD Bank PJSC
First Abu Dhabi Bank PJSC
Industrial and Commercial Bank of China (Macau)
Limited
NatWest Markets Securities Inc.
QNB Capital LLC
Rabo Securities USA, Inc.
TD Securities (USA) LLC
United Overseas Bank Limited
(B) Stabilising Manager(s) (if any):
J.P. Morgan Securities LLC
(iii) If non-syndicated, name of Dealer:
Not Applicable
(iv) US Selling Restrictions:
Reg. S Compliance Category 2; TEFRA not applicable
Rule 144A: Qualified Institutional Buyers only
10


Document Outline