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Home>StanChart to Issue $2 Billion Perpetual Contingent Convertible Securities

StanChart to Issue $2 Billion Perpetual Contingent Convertible Securities

3party Content

Mon, 30 Mar 2015

By Joanne Chiu Standard Chartered PLC. (2888.HK) said it will issue US$2 billion worth of perpetual contingent convertible securities as the U.K. bank seeks to strengthen its capital base. The emerging-market-focused lender said in a statement Monday that the perpetual subordinated contingent
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