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IN BRIEF: Standard Chartered says USD996 million of notes tendered

24th Aug 2021 16:00

Standard Chartered PLC - London-based lender - Announces early results from tender of USD2.00 billion fixed rate resetting perpetual subordinated contingent convertible securities. Says out of maximum of USD1.25 billion, USD995.7 million was tendered. Noteholders to receive early tender premium of USD41 per USD1,000 principal amount.

Current stock price: 448.00 pence

Year-to-date change: down 3.8%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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