Standard Chartered’s US$1.25 billion of Senior Notes and US$500 million of Subordinated Notes Notes offering

Slaughter and May advised Standard Chartered PLC on its issue of US$1.25 billion 3.885% Fixed-to-Floating Rate Notes due 2024 and US$500 million 4.866% Fixed Rate Reset Subordinated Notes due 2033 under its US$77.5 billion Debt Issuance Programme.

Barclays Capital, Credit Agricole, Goldman Sachs & Co, J.P. Morgan Securities and Standard Chartered Bank acted as joint lead managers, and ABN AMRO Securities, Bank of Communications, China Construction Bank, CIMB Bank, Deutsche Bank Securities, Emirates NDB Bank, First Abu Dhabi Bank, ICBC, UBS Securities and United Overseas Bank acted as co-lead managers.

Slaughter and May advised Standard Chartered PLC on the deal with a Corporate and Financing team led by Nilufer von Bismarck (partner, in picture), assisted by Andrew Chaplin (associate), Kevin Howes (associate), Charlotte Ferard (associate), Emma Kudzin (associate).

Sullivan & Cromwell advised as to New York law with a Corporate and Financing team led by John O’Connor (partner), alongside Pavel Bend (associate).

 

Involved fees earner: Nilufer von Bismarck – Slaughter and May; Andrew Chaplin – Slaughter and May; Kevin Howes – Slaughter and May; Charlotte Ferard – Slaughter and May; Emma Kudzin – Slaughter and May; John O’Connor – Sullivan & Cromwell; Pavel Bend – Sullivan & Cromwell;

Law Firms: Slaughter and May; Sullivan & Cromwell;

Clients: Standard Chartered Bank;