E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/17/2014 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Singapore’s OCBC calls $500 million 4¼% subordinated notes due 2019

By Marisa Wong

Madison, Wis., Oct. 17 – Oversea-Chinese Banking Corp. Ltd. (OCBC Bank) issued a notice of redemption for its $500 million 4¼% subordinated notes due 2019 that are callable with a step-up in 2014.

OCBC Bank will redeem its outstanding notes in full on Nov. 18 at par plus accrued interest to the redemption date.

The financial group is based in Singapore.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.