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UK-based Standard Chartered Bank issues $2B international bonds in 2 tranches

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UK-based Standard Chartered Bank issues $2B international bonds in 2 tranches

U.K.-based Standard Chartered Bank issued international bonds in two tranches totaling $2 billion, Cbonds reported May 17.

One of the floating-rate notes issuances matures May 21, 2025, and carries a 3.785% current coupon rate, while the other matures May 21, 2030, and carries a 4.305% current coupon rate.

Bank Of America Merrill Lynch, Barclays PLC, Standard Chartered Bank, BNP Paribas SA, and Citigroup Inc. acted as the book runners on both deals.