Oversea-Chinese Banking Corp. Ltd.#s US$340 Million Senior Unsecured Notes Rated #AA-#

Stocks and Financial Services Press Releases Thursday May 17, 2018 14:55
SINGAPORE--17 May--S&P Global Ratings

SINGAPORE (S&P Global Ratings) May 17, 2018--S&P Global Ratings today assigned its 'AA-' long-term issue rating to a US$340 million issue of senior unsecured notes by Oversea-Chinese Banking Corp. Ltd. (OCBC; AA-/Stable/A-1+). The notes are due in May 2021 and were issued under the bank's US$30 billion global medium-term notes program. Notes issued under the program will at all times rank equally among themselves and with all other unsecured and unsubordinated obligations of the bank.


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