Obligation Stanchart PLC 3.265% ( XS2230265246 ) en USD

Stanchart PLC

87.77 % ▼

Royaume-uni

XS2230265246 ( en USD )

3.265% par an ( paiement semestriel )

17/02/2036

Prospectus brochure de l'obligation Standard Chartered Plc XS2230265246 en USD 3.265%, échéance 17/02/2036

18/08/2025 ( Dans 37 jours )

Standard Chartered PLC est une banque multinationale britannique qui opère principalement en Asie, en Afrique et au Moyen-Orient, offrant une large gamme de services financiers aux particuliers, aux entreprises et aux institutions.

L'obligation Standard Chartered Plc (XS2230265246), émise au Royaume-Uni et libellée en USD, affiche actuellement un prix de marché de 86,6%, offre un taux d'intérêt de 3,265% avec des paiements semestriels et arrive à échéance le 17 février 2036.

Final Terms
STANDARD CHARTERED PLC
and
STANDARD CHARTERED BANK
U.S.$77,500,000,000
Debt Issuance Programme
U.S.$1,250,000,000 3.265 per cent. Fixed Rate Reset Dated Subordinated Notes due 2036
Issued by
Standard Chartered PLC
Joint Lead Managers
Citigroup Global Markets Inc.
Goldman Sachs International
Morgan Stanley & Co. LLC
SG Americas Securities, LLC
Standard Chartered Bank
Co-Managers
ABCI Capital Limited
CCB International Capital Limited
Emirates NBD Bank PJSC
First Abu Dhabi Bank PJSC
Natixis Securities Americas LLC
Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch
The Standard Bank of South Africa Limited
Truist Securities, Inc.
The date of the Final Terms is 10 November 2020.
PART A CONTRACTUAL TERMS
PROHIBITION OF SALES TO EEA AND 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 European Economic Area (the "EEA") or 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 (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meaning of Directive (EU) 2016/97 as amended or superseded, where that customer would not qualify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 the Prospectus Regulation. Consequently no key information document required by
Regulation (EU) No 1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the Notes
or otherwise making them available to retail investors in the EEA or in the UK has been prepared and

therefore offering or selling the Notes or otherwise making them available to any retail investor in the
EEA or in the UK 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, 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 309(B) of the SFA and
the CMP Regulations 2018, unless otherwise specified before an offer of Notes, each Issuer has
determined, and hereby notifies all persons (including all relevant persons as defined in Section 309A(1)
of the SFA), that all Notes issued or to be issued under the Programme are prescribed capital markets
products (as defined in the CMP 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 17 June 2020 which, together with the supplementary Prospectuses dated 6
August 2020 and 30 October 2020, constitutes (with the exception of certain sections) a base
prospectus (the "Base Prospectus") for the purposes of the Prospectus Regulation (Regulation (EU)
2017/1129) (the "Prospectus Regulation"). This document constitutes the Final Terms of the Notes
described herein for the purposes of the 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 copies may be obtained from 1 Basinghall
Avenue, London EC2V 5DD.
1
Issuer:
Standard Chartered PLC
2
(i)
Series Number:
186
(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.$")
4
Aggregate Nominal Amount:
(i)
Series:
U.S.$1,250,000,000
(ii)
Tranche:
U.S.$1,250,000,000
5
Issue Price:
100.000 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:
18 November 2020
(ii) Interest Commencement Date:
Issue Date
9
Maturity Date:
18 February 2036
10
Interest Basis:
Reset Notes
11
Redemption/Payment Basis:
Subject to any purchase and cancellation or
early redemption, the Notes will be redeemed
on the Maturity Date at 100 per cent. of their
nominal amount
12
Change of Interest:
Not Applicable
13
Put/Call Options:
Issuer Call
Regulatory Capital Call
14
(i)
Status of the Notes:
Dated Subordinated
(i)
Date Board approval for issuance of Not Applicable
Notes obtained:
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:
3.265 per cent. per annum
(ii)
First Margin:
+2.300 per cent. per annum
(iii)
Subsequent Margin:
Not Applicable
(iv)
Interest Payment Dates:
18 February and 18 August in each year,
commencing on 18 February 2021 to (and
including) the Maturity Date
(v)
First Interest Payment Date:
18 February 2021
(vi)
Fixed Coupon Amount up to (but U.S.$16.325 per Calculation Amount
excluding) the First Reset Date:
(vii)
Broken Amount(s):
U.S.$8.160 per Calculation Amount, payable on
the Interest Payment Date falling on 18 February
2021
(viii) First Reset Date:
18 February 2031
(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 Benchmark: Not Applicable
(xv)
Mid-Swap Maturity:
Not Applicable
(xvi) U.S. Treasury Rate Maturity:
Not Applicable

(xvii) Day Count Fraction (Condition 30/360
4(k)):
(xviii) Relevant Time:
Not Applicable
(xix) Interest Determination Dates:
Not Applicable
(xx)
Business Day Convention:
Not Applicable
(xxi) Relevant Currency:
U.S. dollars
(xxii) Relevant Financial Centre(s)
Not Applicable
(Condition 4(k)):
(xxiii) Benchmark Discontinuation:
Not Applicable
- Lookback/Suspension Period: Not Applicable
18
Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
19
Issuer Call
Applicable
(i)
Optional Redemption Date(s):
Any day from (and including) 18 November
2030 to (and including) the First Reset Date
(ii) Call Option Redemption Amount(s)
U.S.$1,000 per Calculation Amount
and method, if any, of calculation
of such amount(s):
(ii)
If redeemable in part:
(a) Minimum Call Option
Not Applicable
Redemption Amount:
(b) Maximum Call Option
Not Applicable
Redemption Amount:
(iv)
Notice period:
As per Condition 5(d)
20
Regulatory Capital Call
Applicable
(i)
Redeemable on days other than
Yes
Interest Payment Dates
(Condition 5(e)):
21
Loss Absorption Disqualification Event Not Applicable
Call
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 Yes
Interest Payment Dates (Condition
5(c)):
(iii)
Unmatured Coupons to become Not Applicable
void upon early redemption (Bearer
Notes only) (Condition 6(f)):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
25
Form of Notes:
Registered Notes
Unrestricted Global Certificate registered in the
name of a nominee for a common depositary for
Euroclear and Clearstream, Luxembourg
exchangeable for Definitive Certificates in the
limited circumstances specified in the Global
Certificate
Restricted Global Certificate registered in the
name of a nominee for DTC exchangeable for
Definitive Certificates in the limited
circumstances specified in the Global Certificate
26
New Global Note:
No
27
Business Day Jurisdiction(s)
London and New York
(Condition 6(h)) or other special
provisions relating to Payment Dates:
28
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
Final Terms Signature Page

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 18 November 2020.

(iii) Estimated
total
expenses
of £4,790
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 minus (-) sign shows relative standing
within the rating categories.
(Source: S&P,
https://www.standardandpoors.com/en_US/web/guest/art
icle/-/view/sourceId/504352)
Moody's: Baa2
An obligation rated 'Baa' is judged to be medium-grade
and subject to moderate credit risk and as such may
possess certain speculative characteristics. The modifier
`2' indicates a mid-range ranking.
(Source: Moody's, https://www.moodys.com/ratings-
process/Ratings-Definitions/002002)
Fitch: BBB+
An obligation rated `BBB' indicates that expectations of
default are currently low. The capacity for payment of
financial commitments is considered adequate, but
adverse business or economic conditions are more likely
to impair this capacity. The modifier "+" appended to the
rating denotes relative status within major rating
categories.
(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 page 232 of the Base
Prospectus.
Calculated as 3.265 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.$1,244,375,000
6 OPERATIONAL INFORMATION

(i)
Unrestricted Notes
(a) ISIN:
XS2230265246
(b) Common Code:
223026524

(ii)
Restricted Notes
(a)
ISIN:
US853254BU32
(b)
CUSIP Number:
853254 BU3

(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 Unrestricted
Notes and delivery free of payment in respect of the
Restricted Notes

(vii) Names and addresses of initial
The Bank of New York Mellon, London Branch, One
Paying Agent(s):
Canada Square, London E14 5AL, United Kingdom

(viii) Names and addresses of
Not Applicable
additional Paying Agent(s) (if any):

(ix)
Legal Entity Identifier:
U4LOSYZ7YG4W3S5F2G91

(x)
Intended to be held in a manner
No. Whilst the designation is specified as "no" at the date
which would allow Eurosystem
of these Final Terms, should the Eurosystem eligibility
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.

(xi) Relevant Benchmarks:
Not Applicable
7 DISTRIBUTION

(i)
Method of distribution:
Syndicated

(ii) If syndicated:
(A)
Names of Managers:
Joint Lead Managers
Citigroup Global Markets Inc.
Goldman Sachs International
Morgan Stanley & Co. LLC
SG Americas Securities, LLC
Standard Chartered Bank
Co-Managers
ABCI Capital Limited
CCB International Capital Limited
Emirates NBD Bank PJSC
First Abu Dhabi Bank PJSC
Natixis Securities Americas LLC
Shanghai Pudong Development Bank Co., Ltd., Hong
Kong Branch (incorporated in the PRC with limited
liability)
The Standard Bank of South Africa Limited
Truist Securities, Inc.
(B)
Stabilisation Manager(s) (if
Standard Chartered Bank
any):

(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