Wednesday, May 13, 2009

Standard Chartered Launches $1.5B Note Offering

Standard Chartered (STAN.L) on Wednesday launched its $1.5 billion 5.5-year note sale, with pricing expected later on Wednesday. said IFR, a Thomson Reuters service.
The notes are expected to yield 362.5 basis points over U.S. Treasuries, according to IFR.
Barclays, Deutsche Bank, Goldman Sachs and Societe Generale are managing the sale.

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