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Oversea-Chinese Banking sets talk for 10-year tier 2 bonds at Treasuries plus 175 bps area
By Aleesia Forni
Virginia Beach, June 12 – Oversea-Chinese Banking Corp. Ltd. talked its planned offering of 10-year tier 2 bonds in the area of Treasuries plus 175 basis points on Thursday, according to an informed source.
BofA Merrill Lynch, HSBC, J.P. Morgan Securities LLC and Oversea-Chinese Banking are the bookrunners for the Rule 144A and Regulation S deal.
The issuer is a financial group based in Singapore.
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