Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Oversea-Chinese Banking Corp. Ltd. > News item |
S&P rates Oversea-Chinese bank notes AA-
S&P said it assigned its AA- long-term issue rating to the senior unsecured notes by Oversea-Chinese Banking Corp. Ltd.
The bank sold the floating-rate notes under the bank's $30 billion global medium-term note program through its Sydney branch.
“We equalize the rating on the notes with the issuer credit ratings on OCBC. This reflects our expectation that the notes shall at all times rank equally with all other senior unsecured obligations of the bank,” S&P said in a press release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.