Standard Chartered Bank has signed a $2 billion structured note programme. No arranger has been named and there are no dealers on the programme. The IPA is Deutsche Bank. It will complement the issuer's existing $6 billion debt issuance programme, arranged by JPMorgan, that has $2.67 billion outstanding off nine trades. This programme has issued several different kinds of notes, including fixed-rate, floating-rate, step-up FRNs, a yield-linked perpetual note and a Pro Asia Investment note-linked note. The new programme will be focused on structured trades, and will help fund the issuer's future plans. These include building new core markets in Taiwan and Thailand and building its businesses in the Middle East, South Asia and Africa.
January 11, 2002