Standard Chrtrd PLC STAN £150m Undated Primary Capital Floating Rate Notes

  Standard Chrtrd PLC (STAN) - £150m Undated Primary Capital Floating Rate
  Notes

RNS Number : 5210P
Standard Chartered PLC
25 October 2012




Standard Chartered PLC
25 October 2012

STANDARD CHARTERED PLC ANNOUNCES THE RESULTS OF ITS UPPER TIER 2 TENDER OFFER

          £150,000,000 Undated Primary Capital Floating Rate Notes
                              ISIN: GB0008389008
                                (the "Notes")

                                      

Standard Chartered  PLC (the  "Company")  today announces  the results  of  an 
invitation to holders  of the Notes  to tender any  and all of  the Notes  for 
repurchase by the Company for cash (the "Offer").

The Offer was made upon the terms  and subject to the conditions contained  in 
the  tender  offer  memorandum  dated  9  October  2012  (the  "Tender   Offer 
Memorandum"). Capitalised terms used in  this announcement and not  otherwise 
defined have the meanings given to them in the Tender Offer Memorandum.

The Offer expired at 4.00 p.m. London time on 24 October 2012 (the "Expiration
Deadline"). As of the  Expiration Deadline, the  aggregate nominal amount  of 
Notes validly tendered equalled  £119,485,000, representing approximately  80% 
of the aggregate nominal amount of Notes outstanding, being £150,000,000.

The Tender  Agent has  been  instructed to  accept  for repurchase  all  Notes 
validly tendered in the Offer. The  Repurchase Price and Accrued Interest  for 
such Notes  will be  paid on  the Settlement  Date subject  to the  terms  and 
conditions of  the Offer  as set  out  in the  Tender Offer  Memorandum.  The 
Settlement Date is expected to be 26 October 2012.

For further information, contact:

Investors

Rupert Mingay

Head: Capital Management
+44 (0) 20 7885 6169
Rupert.Mingay@sc.com



                     This information is provided by RNS
           The company news service from the London Stock Exchange

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MSCPGGUGUUPPUBA -0- Oct/25/2012 09:15 GMT
 
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