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StanChart issues $2B, €750M in 2 tranches of international bonds

Standard Chartered PLC issued $2 billion and €750 million in two tranches of international bonds, Cbonds reported.

Both tranches consist of floating-rate bonds that carry redemption prices of 100%.

The $2.0 billion bonds mature Jan. 30, 2026, and have a current coupon rate of 2.819%; while the €750 million bonds mature Jan. 27, 2028, and have a current coupon rate of 0.85%.