Standard Chartered Group (02888.HK) plans to issue US$1 billion fixed-rate reset perpetual subordinated contingent convertible securities.

Gelonghui Finance · Nov 5 08:11

Gelonghui, November 5th – Standard Chartered Group (02888.HK) announced that the company plans to issue fixed-rate reset perpetual subordinated contingent convertible securities with a total value of US$1 billion (ISIN for restricted global certificate: US853254DH03, ISIN for unrestricted global certificate: USG84228HA94) (“Securities”) on November 14, 2025.

The company will apply for the listing and trading of the Securities on the International Securities Market (“ISM”) of the London Stock Exchange. The company will also apply to the Hong Kong Stock Exchange for the listing and trading of any ordinary shares issued upon the conversion of the Securities. The face value of the Securities is US$200,000, with any excess amount calculated in multiples of US$1,000.

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