Slaughter and May is advising Standard Chartered plc - fully underwritten 2 for 7 rights issue to raise approximately £3.3bn

Slaughter and May, London and Hong Kong, is advising Standard Chartered plc on its fully underwritten 2 for 7 rights issue to raise approximately £3.3bn (net of expenses).

The shares will be admitted to listing on the Official List of the UK Listing Authority and to trading on the regulated market of the London Stock Exchange and listing on The Stock Exchange of Hong Kong Limited.

Slaughter and May is working alongside Sullivan & Cromwell, who is advising Standard Chartered on aspects of U.S. law, Cyril Amarchand Mangaldas, who is advising Standard Chartered on aspects of Indian law, and Blake, Cassels & Graydon LLP, who is advising on aspects of Canadian law.