New Issue-Standard Chartered sells $1.5 bln in 5.5-yr notes

Wed May 13, 2009 10:52pm BST
 
Email | Print | | Single Page
[-] Text [+]
 May 13 (Reuters) - British banking company Standard
Chartered Plc (STAN.L) STAC.L STAP.L on Wednesday sold $1.5
billion of 5.5-year non-guaranteed notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
 Barclays, Deutsche Bank, Goldman Sachs and Standard
Chartered Bank were the joint bookrunning managers for the
sale.
BORROWER: STANDARD CHARTERED PLC
AMT $1.5 BLN     COUPON 5.50 PCT     MATURITY 11/18/2014
TYPE NOTES       ISS PRICE 99.612    FIRST PAY 11/18/2009
MOODY'S A3       YIELD N/A           SETTLEMENT 5/18/2009
S&P SINGLE-A     SPREAD 362.5 BPS/   PAY FREQ SEMI-ANNUAL
FITCH A-PLUS      MORE THAN TREAS    NON-CALLABLE       

 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos