Commentary & Deal Flow

Standard Chartered Bank (Singapore) Limited, (country: SG) rated A1/A+/AA- by Moody's/S&P/Fitch, has mandated Crédit Agricole CIB, Lloyds, NatWest, RBC Capital Markets, Santander and Standard Chartered Bank as Joint Lead Managers for a new GBP offering. An electronic investor presentation has been made available.

An expected £500m (WNG), Reg S, 3yr SONIA-Linked floating rate soft-bullet Covered Bond offering will be launched in the near future, subject to market conditions. The transaction is expected to be rated Aaa/AAA (Moody's/S&P).

• Backing: The Covered Bonds are backed by Singaporean residential mortgage loans and are ECBC Covered Bond Label Compliant.
• Programme: The Covered Bonds will be issued under Standard Chartered Bank (Singapore) Limited’s US$5bn Global Covered Bond Programme, of which Standard Chartered Bank is the sole arranger.

Investor Presentation:

• Direct Link: www.netroadshow.com/nrs/home/#!/?show=9b8f02ab
• Entry Code: Visit www.netroadshow.com and enter the entry code: SCB26

Issuer’s Covered Bond Program:

• Link: https://www.sc.com/sg/investors/covered-bonds/