Fitch assigns Oversea-Chinese Banking notes AA-

Fitch Ratings said it has assigned Oversea-Chinese Banking Corp.'s (AA-/stable) proposed A$400 million of floating-rate notes due 2017 an expected rating of AA-(exp).

The notes will be issued under the company's $10 billion global medium-term note program.

The agency said that the senior notes are rated at the same level as Oversea-Chinese Banking's AA- long-term issuer default rating.

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