Published on 7/11/2014 in the Prospect News Emerging Markets Daily.
New Issue: Singapore’s Oversea-Chinese Banking prices £235 million one-year notes
By Christine Van Dusen
Atlanta, July 11 – Singapore’s Oversea-Chinese Banking Corp. Ltd. priced £235 million one-year floating-rate notes at par with an initial interest rate of 0.55625%, a market source said.
Citigroup was the bookrunner for the deal.
The issuer is a financial group based in Singapore.
| Issuer: | Oversea-Chinese Banking Corp. Ltd.
|
| Amount: | £235 million
|
| Maturity: | July 10, 2015
|
| Description: | Floating-rate notes
|
| Bookrunner: | Citigroup
|
| Coupon: | Floating rate, initially 0.55625%
|
| Price: | Par
|
| Settlement date: | July 10
|
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