Standard Chartered ( (GB:STAN) ) has shared an announcement.
Standard Chartered PLC has announced its decision to fully redeem its CNH1,100,000,000 4.350% Fixed Rate Notes due in 2026. The redemption will occur on March 18, 2025, after which the notes will be canceled, and their listing on the London Stock Exchange will be removed. This move reflects the company’s strategic financial management and could impact its debt profile and market positioning.
More about Standard Chartered
Standard Chartered PLC is a leading international banking group, primarily focused on providing financial services and products across Asia, Africa, and the Middle East. The company offers a wide range of banking services, including personal and corporate banking, wealth management, and investment services, catering to a diverse global clientele.
YTD Price Performance: 30.36%
Average Trading Volume: 5,244
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $38.38B
Learn more about STAN stock on TipRanks’ Stock Analysis page.