Obbligazione Stanchart PLC 6.75% ( US853254CW88 ) in USD

Stanchart PLC

103.113 USD ▲

Regno Unito

US853254CW88 ( in USD )

6.75% per anno ( pagato 2 volte l'anno)

07/02/2028

Prospetto opuscolo dell'obbligazione Standard Chartered Plc US853254CW88 en USD 6.75%, scadenza 07/02/2028

200 000 USD

750 000 000 USD

853254CW8

BBB+ ( Lower medium grade - Investment-grade )

A3 ( Upper medium grade - Investment-grade )

08/02/2026 ( In 79 giorni )

Standard Chartered PLC è una banca multinazionale con sede a Londra, operante principalmente in Asia, Africa e Medio Oriente.

The Obbligazione issued by Stanchart PLC ( United Kingdom ) , in USD, with the ISIN code US853254CW88, pays a coupon of 6.75% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 07/02/2028

The Obbligazione issued by Stanchart PLC ( United Kingdom ) , in USD, with the ISIN code US853254CW88, was rated A3 ( Upper medium grade - Investment-grade ) by Moody's credit rating agency.

The Obbligazione issued by Stanchart PLC ( United Kingdom ) , in USD, with the ISIN code US853254CW88, was rated BBB+ ( Lower medium grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.

Final Terms
STANDARD CHARTERED PLC
and
STANDARD CHARTERED BANK
U.S.$77,500,000,000
Debt Issuance Programme
U.S.$750,000,000 6.750 per cent. Fixed Rate Reset Notes due 2028 (the "Notes")
Issued by
Standard Chartered PLC

Joint Lead Managers
Barclays Capital Inc.
Citigroup Global Markets Inc.
J.P. Morgan Securities LLC
Société Générale
Standard Chartered Bank
UBS Securities LLC

Co-Managers
Academy Securities, Inc.
Blaylock Van, LLC
CIBC World Markets Corp.
Emirates NBD Bank PJSC
First Abu Dhabi Bank PJSC
Jefferies LLC
QNB Capital LLC
U.S. Bancorp Investments, Inc.

The date of the Final Terms is 31 October 2023.

PART A CONTRACTUAL TERMS
THE NOTES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT
1933 (THE "SECURITIES ACT") OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE
OR OTHER JURISDICTION OF THE UNITED STATES.
THE NOTES ARE ISSUED IN REGISTERED FORM ("REGISTERED NOTES") AND MAY BE OFFERED
AND SOLD (I) IN THE UNITED STATES OR TO U.S. PERSONS IN RELIANCE ON RULE 144A UNDER THE
SECURITIES ACT ("RULE 144A") ONLY TO QUALIFIED INSTITUTIONAL BUYERS ("QIBS"), AS DEFINED
IN RULE 144A AND (II) OUTSIDE THE UNITED STATES TO NON-U.S. PERSONS IN RELIANCE ON
REGULATION S UNDER THE SECURITIES ACT.
THE NOTES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE U.S. SECURITIES AND
EXCHANGE COMMISSION, OR ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR
OTHER JURISDICTION OF THE UNITED STATES, NOR HAVE ANY OF THE FOREGOING AUTHORITIES
PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OF NOTES OR THE ACCURACY OR
ADEQUACY OF THIS DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
OFFENCE IN THE UNITED STATES.
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 (the "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 "MiFID
II"); (ii) a customer within the meaning of Directive (EU) 2016/97 as amended or superseded (the "IDD"), 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 Article 2 of Regulation (EU) 2017/1129 (the "EU Prospectus Regulation").
Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the "EU
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 EU PRIIPs Regulation.
PROHIBITION OF SALES TO UK 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 United Kingdom (the "UK"). For these purposes, a retail investor means a person who is one (or more)
of: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of the
domestic law of the UK by virtue of the European Union (Withdrawal) Act 2018 (the "EUWA"); (ii) a customer
within the meaning of the provisions of the Financial Services and Markets Act 2000 (the "FSMA") and any rules
or regulations made under the FSMA to implement the IDD, where that customer would not qualify as a
professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of the
domestic law of the UK by virtue of the EUWA ("UK MiFIR"); or (iii) not a qualified investor as defined in Article
2 of the EU Prospectus Regulation as it forms part of the domestic law of the UK by virtue of the EUWA (the
"UK Prospectus Regulation"). Consequently, no key information document required by the EU PRIIPs
Regulation as it forms part of the domestic law of the UK by virtue of the EUWA (the "UK PRIIPs Regulation")
for offering or selling the Notes or otherwise making them available to retail investors in the UK has been
prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in
the UK may be unlawful under the UK PRIIPs Regulation.
MiFID II PRODUCT GOVERNANCE / PROFESSIONAL INVESTORS AND ELIGIBLE COUNTERPARTIES
ONLY TARGET MARKET Solely for the purposes of the 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

manufacturer's 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
manufacturer's target market assessment) and determining appropriate distribution channels.
UK MiFIR 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 only eligible counterparties, as defined in the FCA Handbook Conduct of Business Sourcebook
("COBS"), and professional clients, as defined in UK MiFIR; and (ii) all channels for distribution of the Notes to
eligible counterparties and professional clients are appropriate. Any distributor should take into consideration
the manufacturers' target market assessment; however, a distributor subject to the FCA Handbook Product
Intervention and Product Governance Sourcebook 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 2001 OF SINGAPORE,
AS MODIFIED OR AMENDED FROM TIME TO TIME (THE "SFA") AND THE SECURITIES AND FUTURES
(CAPITAL MARKETS PRODUCTS) REGULATIONS 2018 OF SINGAPORE (THE "CMP REGULATIONS
2018") In connection with Section 309B of the SFA and the CMP Regulations 2018, the Issuer has determined,
and hereby notifies all persons (including all relevant persons as defined in Section 309A(1) of the SFA), that
the Notes are prescribed capital markets products (as defined in the CMP Regulations 2018) and Excluded
Investment Products (as defined in the MAS Notice SFA 04-N12: Notice on the Sale of Investment Products
and the 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 15 June 2023 which, together with the supplementary Prospectuses dated 28 July 2023, 4
September 2023 and 26 October 2023, constitutes (with the exception of certain sections) a base prospectus
(the "Base Prospectus") for the purposes of the UK Prospectus Regulation. This document constitutes the
Final Terms of the Notes described herein for the purposes of the UK Prospectus Regulation and must be read
in conjunction with the Base Prospectus in order to obtain all the relevant information. The Base Prospectus is
available for viewing at 1 Basinghall Avenue, London EC2V 5DD and https://www.sc.com/en/investors/ and
copies may be obtained from 1 Basinghall Avenue, London EC2V 5DD.
1.
Issuer:
Standard Chartered PLC
2.
(i)
Series Number:
279
(ii)
Tranche Number:
1
(iii)
Date on which the Notes will Not Applicable
be consolidated and form a
single Series:
3.
Currency or Currencies:
United States Dollars ("U.S.$")
4.
Aggregate Nominal Amount:

(i)
Series:
U.S.$750,000,000
(ii)
Tranche:
U.S.$750,000,000
5.
Issue Price:
99.960 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:

8 November 2023
(ii)
Interest
Commencement Issue Date
Date:

9.
Maturity Date:
8 February 2028
10.
Interest Basis:
Reset Notes
(see paragraph 17 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:
Not Applicable
13.
Put/Call Options:
Issuer Call
Loss Absorption Disqualification Event Call
Clean-up Call
14.
(i)
Status of the Notes:
Senior
(ii)
Date Board approval for
Not Applicable
issuance of Notes

obtained:

(iii)
Events of Default:
Restrictive Events of Default
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15.
Fixed Rate Note Provisions
Not Applicable
16.
Floating Rate Note Provisions
Not Applicable
17.
Reset Note Provisions
Applicable

(i)
Initial Rate of Interest:
6.750 per cent. per annum

(ii)
First Margin:
1.850 per cent. per annum

(iii)
Subsequent Margin:
Not Applicable

(iv)
Interest Payment Dates:
8 February and 8 August in each year,
commencing on 8 August 2024

(v)
First Interest Payment
8 August 2024
Date:

(vi)
Fixed Coupon Amount
U.S.$33.750 per Calculation Amount
payable on each Interest
Payment Date up to (and

including) the First Reset
Date:

(vii)
Broken Amount(s):
U.S.$50.625 per Calculation Amount, payable on
the Interest Payment Date falling on 8 August
2024

(viii)
First Reset Date:
8 February 2027

(ix)
Second Reset Date:
Not Applicable

(x)
Subsequent Reset Date:
Not Applicable

(xi)
Reset Rate:
Reference Bond

(xii)
Relevant Screen Page:
Not Applicable

(xiii)
Mid-Swap Rate:
Not Applicable

(xiv)
Mid-Swap Floating Leg
Not Applicable
Benchmark:

(xv)
Mid-Swap Maturity:
Not Applicable

(xvi)
U.S. Treasury Rate
Not Applicable
Maturity:

(xvii)
Day Count Fraction
30/360
(Condition 4(k)):

(xviii)
Relevant Time:
Not Applicable

(xix)
Interest Determination
Not Applicable
Dates:

(xx)
Business Day Convention:
Not Applicable

(xxi)
Relevant Currency:
United States Dollars

(xxii)
Relevant Financial
Not Applicable
Centre(s) (Condition 4(k)):

(xxiii)
Benchmark
Not Applicable
Discontinuation:
18.
Zero Coupon Note Provisions
Not Applicable

PROVISIONS RELATING TO REDEMPTION
19.
Issuer Call
Applicable

(i)
Optional Redemption
8 February 2027
Date(s):

(ii)
Call Option Redemption
U.S.$1,000 per Calculation Amount
Amount(s) and method, if
any, of calculation of such
amount(s):

(iii)
Make Whole Redemption
Not Applicable
Amount:

(iv)
If redeemable in part:

(a)
Minimum Call
Not Applicable
Option
Redemption
Amount:

(b)
Maximum Call
Not Applicable
Option
Redemption
Amount:

(v)
Notice period:
As per Condition 5(d)
20.
Regulatory Capital Call
Not Applicable
21.
Loss Absorption Disqualification
Applicable
Event Call

Redeemable on days other than
Yes
Interest Payment Dates (Condition
5(f)):
22.
Clean-up Call
Applicable

(i)
Clean-up Call Threshold:
75 per cent.

(ii)
Clean-up Call Optional
From (and including) the Issue Date to (but
Redemption Date(s):
excluding) the Maturity Date

(iii)
Call Option Redemption
U.S.$1,000 per Calculation Amount
Amount(s) and method, if
any, of calculation of such
amount(s):

(iv)
Notice period:
As per Condition 5(h)
23.
Put Option
Not Applicable
24.
Final Redemption Amount of
U.S.$1,000 per Calculation Amount
each Note
25.
Early Redemption Amount

(i)
Early Redemption
U.S.$1,000 per Calculation Amount
Amount(s) per 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
Yes
than Interest Payment
Dates (Condition 5(c)):

(iii)
Unmatured Coupons to
Not Applicable
become void upon early
redemption (Bearer Notes
only) (Condition 6(f)):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
26.
Form of Notes:
Registered Notes

One or more Unrestricted Global Certificate(s)
registered in the name of a nominee for DTC
exchangeable for Definitive Certificates in the
limited circumstances specified in the
Unrestricted Global Certificate(s)
One or more Restricted Global Certificate(s)
registered in the name of a nominee for DTC
exchangeable for Definitive Certificates in the
limited circumstances specified in the Restricted
Global Certificate(s)
27.
New Global Note:
No
28.
Business Day Jurisdiction(s)
London and New York
(Condition 6(h)) or other special
provisions relating to Payment
Dates:
29.
Talons for future Coupons to be
No
attached to Definitive Notes (and
dates on which such Talons
mature):

THIRD PARTY INFORMATION
The rating definitions provided in Part B, Item 2 of these Final Terms have been extracted from the websites
of S&P, Fitch and Moody's. The Issuer confirms that such information has been accurately reproduced
and that, so far as it is aware, and is able to ascertain from information published by S&P, Fitch and
Moody's (as applicable), no facts have been omitted which would render the reproduced information
inaccurate or misleading.

Signed on behalf of the Issuer:

By: ___________________________________________

Duly authorised

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 main market
with effect from 8 November 2023.

(iii)
Estimated total expenses of
£5,800
admission to trading:
2.
RATINGS

Ratings:
The Notes to be issued are expected to be
assigned the following ratings:

S&P: BBB+
An obligation rated 'BBB' exhibits adequate
protection parameters. However, adverse
economic conditions or changing circumstances
are more likely to weaken the obligor's capacity
to meet its financial commitments on the
obligation. The plus (+) sign shows relative
standing within the rating categories.
(Source: S&P,
https://www.standardandpoors.com/en_US/web/
guest/article/-/view/sourceId/504352)
Moody's: A3
An obligation rated 'A' is considered to be
upper-medium grade and are subject to low
credit risk. The modifier `3' indicates a ranking in
the lower end of that rating category.
(Source: Moody's,
https://www.moodys.com/ratings-
process/Ratings-Definitions/002002)
Fitch: A
An obligation rated `A' denotes an expectation
of low default risk. The capacity for payment of
financial commitments is considered strong.
This capacity may, nevertheless, be more
vulnerable to adverse business or economic
conditions than is the case for higher ratings.
(Source,
Fitch
Ratings,
https://www.fitchratings.com/products/rating-
definitions)

3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

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.
YIELD

Indication of yield:
See "General Information" on pages 192 of the
Base Prospectus.
Calculated as 6.750 per cent. on the Issue Date
in respect of the period from (and including) the
Issue Date to (but excluding) the First Reset
Date.
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.
5.
ESTIMATED NET PROCEEDS

Estimated net proceeds:
U.S.$747,637,500
6.
OPERATIONAL INFORMATION

(i)
ISIN:

(a)
Unrestricted Global
USG84228FY98
Registered Certificate:

(b)
Restricted Global
US853254CW88
Registered Certificate:

(ii)
Common Code:

(a)
Unrestricted Global
271335016
Registered Certificate:

(b)
Restricted Global
271335202
Registered Certificate:

(iii) CUSIP Number:

(a) Unrestricted Global
G84228FY9
Registered Certificate:

(b) Restricted Global
853254CW8
Registered Certificate:

(iv)
FISN:

(a) Unrestricted Global
The FISN for the Notes will be as set out on the
Registered Certificate:
website of the Association of National Numbering

Document Outline

#1">Final Terms