Standard Chartered calls four series of floating-rate notes

By Mary-Katherine Stinson

Lexington, Ky., June 20 – Standard Chartered plc has called four series of floating-rate notes totaling $1.4 billion, according to multiple notices.

The notes called for redemption are the following:

• $400 million of the undated primary capital floating-rate notes series 1 (ISIN: GB0008387283);

• $300 million of the undated primary capital floating-rate notes series 2 (ISIN: XS0010826633);

• $400 million of the undated primary capital floating-rate notes series 3 (ISIN: XS0010159159); and

• $300 million of the undated primary capital floating-rate notes series 4 (ISIN: XS0010276466).

The company intends to redeem each series in full on its next respective interest date, which is July 26 for series 1 and series 4 notes, Nov. 30 for the series 2 notes and Dec. 22 for the series 3 notes.

In a separate notice, the company announced that the July 26 redemption of the series 1 and series 4 notes will be at par together with arrears of interest.

The redemption has been approved by the Prudential Regulation Authority.

The banking and financial services company is based in London.

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