January 12, 2017 / 1:59 PM / 6 months ago

BRIEF-Standard Chartered announces issuance of $1 bln fixed rate resetting perpetual subordinated contingent convertible securities

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Jan 12 (Reuters) - Standard Chartered Plc :

* Issuance of U.S.$1 billion fixed rate resetting perpetual subordinated contingent convertible securities

* Securities bear interest in respect of period from issue date to 2 April 2023 at a fixed rate of 7.750 per cent per annum Source text : (bit.ly/2jzMotF) Further company coverage: [STAN.L, 2888.HK]

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