Standard Chartered has launched the first ESG structured note issued in Taiwan.
The UK bank’s inaugural Formosa note issuance follows a number of sustainable finance transactions from Standard Chartered over the last few months including a sustainable fiduciary deposit offering in the UK, an ESG Islamic repo transaction with a Malaysian bank, and its first Sustainable Export Letter of Credit programme. The US$40m Formosa note, issued by Standard Chartered Bank from its note, certificate and warrant programme, has a 10-year tenor and is callable after three years by t
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