Redemption of AT1 Securities
Updated : 13:40
Standard Chartered PLC
3 February 2020
Redemption by Standard Chartered PLC ("SCPLC") of U.S.$2,000,000,000 Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities
(ISIN: US853254AT77, USG84228CE61) (the "Securities")
SCPLC is giving notice today to the holders of the Securities that it will fully redeem the outstanding Securities on 2 April 2020 (the "Redemption Date") in accordance with the terms and conditions of the Securities (the "Conditions"). The Securities will be redeemed at 100 per cent. of their principal amount together with accrued interest.
Following redemption, the Securities will be cancelled pursuant to the Conditions. Accordingly, the listing of the Securities on The Stock Exchange of Hong Kong Limited will be cancelled shortly after the Redemption Date.
For further information please contact:
Daniel Banks
Managing Director, Global Head, Debt Investor Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 6329
Jon Tracey
Global Head, Communications
1 Basinghall Avenue
London
EC2V 5DD
020 7885 7613
Standard Chartered PLC LEI: U4LOSYZ7YG4W3S5F2G91
END.
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