276,277 Standard Chartered - GlobalCapitalStandard Chartered 276 EuroWeek Financing financial...
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Standard Chartered 276 EuroWeek Financing financial institutions Standard Chartered Subordinated debt Senior unsecured Securitisation - 1,000 2,000 3,000 4,000 5,000 6,000 7,000 2005 2006 2007 2008 2009 2010 Source: Dealogic. Data to August 20 2010 $m Debt issuance Debt issuance standard chartered plc Pricing date: June 22, 2010 Value: €1.25bn Maturity date: December 15, 2015 coupon: 3.625% spread to swaps: 145bp bookrunners: JPMorgan, SG Corporate & Investment Banking, Standard Chartered Bank, UBS standard chartered bank (Hong Kong) Ltd issue type: Lower tier II Pricing date: June 17, 2010 Value: $750m Maturity date: June 24, 2020 coupon: 5.875% spread to benchmark: 275bp over USTs bookrunners: Credit Suisse, Goldman Sachs, Standard Chartered Bank standard chartered plc Pricing date: April 21, 2010 Value: $2bn Maturity date: April 27, 2015 coupon: 3.85% bookrunners: Barclays Capital, Credit Agricole CIB, Standard Chartered Bank, JPMorgan Source: Dealogic Recent DeaLs - 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021-2040 2041+ 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 Source: Dealogic. Data to September 1, 2010 (securitisations not included) $m MatuRity PRofiLe Group finance director Richard Meddings senior manager, group treasury Simon Mew +44 20 7885 6542 [email protected] Head of investor relations Stephen Atkinson +44 20 7885 7245 [email protected] Key contacts Source: Standard Chartered % 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 1H08 2H08 1H09 2H09 1H10 Core tier one Tier one Tier two & three caPitaL Ratios standard chartered bank plc Long term iDR a+ short term iDR f1 individual Rating b support Rating 1 support Rating floor a- summary: Standard Chartered’s rating reflects the strong Asia-Pacific franchises, resilience of the group’s performance through a period of significant stress, and a stable and conservative management team that has placed its emphasis on prudent balance sheet management. In addition, a robust risk management framework has resulted in low exposure to the credit market problems that have afflicted many international banks, and has kept loan impairment charges at manageable levels despite deterioration in many of the group’s operating environments. The ratings also reflect significant exposure to potentially volatile emerging markets. fitcH RatinGs uPDate
Transcript of 276,277 Standard Chartered - GlobalCapitalStandard Chartered 276 EuroWeek Financing financial...
Standard Chartered
276 EuroWeek Financing financial institutions
Standard Chartered
Subordinated debt Senior unsecured Securitisation
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
2005 2006 2007 2008 2009 2010
Source: Dealogic. Data to August 20 2010
$m
Debt issuance
Debt issuance
standard chartered plc
Pricing date: June22,2010
Value: €1.25bn
Maturity date: December15,2015
coupon: 3.625%
spread to swaps: 145bp
bookrunners: JPMorgan,SGCorporate&InvestmentBanking,StandardCharteredBank,UBS
standard chartered bank (Hong Kong) Ltd
issue type: LowertierII
Pricing date: June17,2010
Value: $750m
Maturity date: June24,2020
coupon: 5.875%
spread to benchmark: 275bpoverUSTs
bookrunners: CreditSuisse,GoldmanSachs,StandardCharteredBank
standard chartered plc
Pricing date: April21,2010
Value: $2bn
Maturity date: April27,2015
coupon: 3.85%
bookrunners: BarclaysCapital,CreditAgricoleCIB,StandardCharteredBank,JPMorgan
Source: Dealogic
Recent DeaLs
-
2010
20
11
2012
20
13
2014
20
15
2016
20
17
2018
20
19
2020
2021
-2040
2041+
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
Source: Dealogic. Data to September 1, 2010 (securitisations not included)
$m
MatuRity PRofiLe
Group finance directorRichard Meddings
senior manager, group treasurySimon Mew+44 20 7885 [email protected]
Head of investor relationsStephen Atkinson+44 20 7885 [email protected]
Key contacts
Source: Standard Chartered
%
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1.0
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3.0
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5.0
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8.0
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10.0
1H08 2H08 1H09 2H09 1H10
Core tier one Tier one Tier two & three
caPitaL Ratiosstandard chartered bank plc
Long term iDR a+short term iDR f1individual Rating bsupport Rating 1support Rating floor a-
summary:Standard Chartered’s rating reflects the strong Asia-Pacific franchises, resilience of the group’s performance through a period of significant stress, and a stable and conservative management team that has placed its emphasis on prudent balance sheet management. In addition, a robust risk management framework has resulted in low exposure to the credit market problems that have afflicted many international banks, and has kept loan impairment charges at manageable levels despite deterioration in many of the group’s operating environments. The ratings also reflect significant exposure to potentially volatile emerging markets.
fitcH RatinGs uPDate
Standard Chartered
Financing financial institutions EuroWeek 277
Rank Lead Manager amount $m no of issues
% share
1 Standard Chartered Bank
2,106 17 33.35
2 JPMorgan 886 2 14.03
3 Credit Agricole CIB 500 1 7.91
3 Barclays Capital 500 1 7.91
5 UBS 386 1 6.12
5 SG Corporate & Investment Banking
386 1 6.12
7 Kyobo Securities Co Ltd
361 5 5.71
8 NACF 278 5 4.4
9 Goldman Sachs 249 1 3.94
9 Credit Suisse 249 1 3.94
subtotal 5,900 27 93.42
total 6,315 34 100
Source: Dealogic (Sep 20, 2009 to Sep 19, 2010)
toP booKRunneRs
Source: Standard Chartered
%
20
21
22
23
24
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26
27
28
1H08 2H08 1H09 2H09 1H10
LiquiD asset Ratio
Source: Standard Chartered
$bn
190
195
200
205
210
215
220
225
230
235
240
1H09 2H09 1H10
RisK-weiGHteD assets
Source: Standard Chartered
%
75
75.5
76
76.5
77
77.5
78
78.5
79
1H09 2H09 1H10
Loan / DePosit Ratio
Source: Standard Chartered
$bn
360
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400
420
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460
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1H09 2H09 1H10
totaL assets
xxx
Source: Standard Chartered
$m
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1H09 2H09 1H10
Profit before tax Attributable profit
incoMe stateMent
Source: Standard Chartered
%
0
2
4
6
8
10
12
14
16
18
1H09 2H09 1H10
noRMaLiseD Roe
Source: Standard Chartered
$bn
30
31
32
33
34
35
36
37
1H09 2H09 1H10
totaL caPitaL base
cost/incoMe Ratio
Source: Standard Chartered
%
46
48
50
52
54
56
58
1H03 1H04 1H05 1H06 1H07 1H08 1H09 1H10
