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Published on 1/11/2024 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.

S&P assigns Oversea-Chinese notes BBB-

S&P said it assigned its BBB- long-term issue rating to the S$450 million of tier-1 perpetual capital securities that Oversea-Chinese Banking Corp. Ltd. plans to sell.

The notes will be sold under OCBC’s $30 billion global medium-term note program, rated BBB-.

The outlook is stable.


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