S&P rates Oversea-Chinese Banking notes AA-

Standard & Poor’s said it assigned its AA- long-term issue rating to a proposed issue of Australian dollar-denominated senior unsecured notes due in June 2019 by Oversea-Chinese Banking Corp. Ltd. (AA-/stable/A-1+; axAAA/axA-1+) under the bank’s US$10 billion global medium-term notes program.

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