StanChart finds cheapest funding in memory with seniors
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FIGSenior Debt

StanChart finds cheapest funding in memory with seniors

Standard Chartered’s two tranche offering of senior unsecured debt this week represented some of the cheapest funding the bank has raised since its inception in 1868, said Chris Danels, global head of capital management at the bank. It showed that despite the ever intensifying search for yield, investors are also still hungry to diversify into low beta paper.

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