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.