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Published on 6/6/2022 in the Prospect News Emerging Markets Daily.

Fitch rates OCBC capital securities BBB+

Fitch Ratings said it assigned Oversea-Chinese Banking Corp. Ltd.’s (OCBC, AA-/stable) S$500 million perpetual capital securities a rating of BBB+.

The notes will be issued under OCBC's US$30 billion global medium-term note program on June 8.


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