BRIEF-Standard Life in 500 mln stg subordinated debt issue

LONDON Tue Nov 27, 2012 2:15am EST

LONDON Nov 27 (Reuters) - Standard Life PLC : * Announced a subordinated debt issuance raising £500 million principal amount * Issue is 5.5% fixed/fixed subordinated notes with a first call date in

December 2022 * Says issue was priced competitively at the low end of its target range * Proceeds from the debt issuance will be held for general corporate purposes