Standard Chartered Korea calls all 7.267% hybrid securities due 2034

By Tali Rackner

Minneapolis, Jan. 29 - Standard Chartered Bank Korea Ltd. plans to redeem all of its 7.267% hybrid tier I securities due 2034, according to a notice.

The securities will be redeemed at par plus accrued interest on March 3.

Deutsche Bank Trust Co. Americas is the fiscal agent.

The issuer is the South Korea branch of Standard Chartered Bank, the London-based bank and financial services company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.