Tender Offer Results

RNS Number : 5596J

Standard Chartered PLC

04 December 2008

 



Standard Chartered PLC
4 December 2008

Announcement of Tender Offer Results

US$400,000,000 Undated Primary Capital Floating Rate Notes

US$300,000,000 Undated Primary Capital Floating Rate Notes (Series 2)

US$400,000,000 Undated Primary Capital Floating Rate Notes (Series 3)

US$200,000,000 Undated Primary Capital Floating Rate Notes (Series 4)

 (together, the 'Notes')

ISIN: GB0008387283, XS0010826633, XS0010159159 and XS0010276466

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 on the terms and subject to the conditions set out in the Tender Offer Memorandum dated 14 November 2008. Capitalised terms used in this announcement and not otherwise defined have the meanings given to them in the Tender Offer Memorandum.

The Expiration Deadline for the Offer expired at 5.00 pm Central European Time on 3 December 2008 and the results of the Offer are as follows:

Series of Notes	Nominal amount of Notes outstanding	Nominal amount of Notes validly tendered	Percentage of Notes validly tendered
US$400,000,000 Undated Primary Capital Floating Rate Notes ISIN: GB0008387283	US$400,000,000	US$342,350,000	85.6%
US$300,000,000 Undated Primary Capital Floating Rate Notes (Series 2) ISIN: XS0010826633	US$300,000,000	US$217,520,000	72.5%
US$400,000,000 Undated Primary Capital Floating Rate Notes (Series 3) ISIN: XS0010159159	US$400,000,000	US$316,450,000	79.1%
US$200,000,000 Undated Primary Capital Floating Rate Notes (Series 4) ISIN: XS0010276466	US$200,000,000	US$148,490,000	74.2%

The Company has instructed the Tender Agent to accept for repurchase all Notes validly tendered in the Offer and the Repurchase Price and Accrued Interest for such Notes will be paid on the Settlement Date subject to the terms and conditions in the Tender Offer Memorandum.

For further information, please contact:

The Dealer Manager	The Tender Agent
JPMorgan Cazenove Limited 20 Moorgate London EC2R 6DA Sebastien Bamsey Tel: [phone] [e-mail] Richard Howard Tel: [phone] [e-mail]	Deutsche Bank AG, London Branch Winchester House 1 Great Winchester Street London EC2N 2DB Tel: [phone] Email: [e-mail] Attention: Trust and Securities Services

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO BUY OR A SOLICITATION OF AN OFFER TO SELL NOTES, AND TENDERS OF NOTES IN THE OFFER ARE NOT ACCEPTED FROM NOTEHOLDERS IN ANY JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION IS UNLAWFUL.

 

END

 

 

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