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Prospect News home > News index > List of issuers O > Headlines for Oversea-Chinese Banking Corp. Ltd. > News item |
Moody's rates Oversea-Chinese Banking notes Aa1
Moody's Investors Service said it assigned an Aa1 rating to the proposed dollar-denominated senior unsecured bonds to be issued by Oversea-Chinese Banking Corp. Ltd.
The outlook is stable.
"The proposed USD bonds represent direct, senior, unsubordinated, and unsecured obligations of OCBC. As such, they have the same rating as OCBC's long-term deposits of Aa1," Moody's vice president and senior credit officer Christine Kuo said in a news release.
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