Business
Redemption of SC PLC USD1bn AT1
Redemption of SC PLC USD1bn AT1.
About this update from Standard Chartered Plc
[{"type":"text","content":"\n \n \n \n Standard Chartered PLC\n \n \n \n 3 April 2023\n \n \n \n U.S.$1,000,000,000 Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities\n \n \n (ISIN:\n \n \n US853254BH21\n \n \n ,\n \n \n USG84228CX43\n \n \n , Issue Date: 18 January 2017, Stock code: 05348)\n \n \n (the \"Securities\")\n \n \n \n \n \n \n \n \n \n NOTICE OF COMPLETION OF REDEMPTION OF SECURITIES AND WITHDRAWAL OF LISTING\n \n \n \n \n \n \n \n \n Reference is made to the announcement issued by Standard Chartered Plc (the \"Company\") on\n 1 March 2023\n in relation to the Securities.\n \n \n The Company announces that it has exercised its option to redeem the Securities in whole on 2 April 2023 in accordance with the terms and conditions of the Securities. As of the date of this announcement, there are therefore no outstanding Securities in issue. The Company has applied to The Stock Exchange of Hong Kong Limited to withdraw the listing of the Securities. Such withdrawal of listing is expected to become effective upon the close of business on\n 14 April 2023\n .\n \n \n For further information please contact:\n \n \n Daniel Banks\nManaging Director, Global Head, Debt Investor Relations\n1 Basinghall Avenue\nLondon\nEC2V 5DD\n020 7885 6329\n \n \n Shaun Gamble\n \n \n Executive Director, Group Media Relations\n \n \n 1 Basinghall Avenue\n \n \n London\n \n \n EC2V 5DD\n \n \n 020 7885 5934\n \n \n \n \n \n Standard Chartered PLC LEI: U4LOSYZ7YG4W3S5F2G91\n \n \n END.\n \n \n \n \n \n \n \n \n \n \n \n ","length":3860,"tagName":"div"}]