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Published on 10/27/2015 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Oversea-Chinese Banking calls S$395.83 million 4.2% preference shares

By Angela McDaniels

Tacoma, Wash., Oct. 27 – Oversea-Chinese Banking Corp. Ltd. will redeem its S$395,830,884 of 4.2% noncumulative class G preference shares on Dec. 20, according to a company announcement.

Holders will receive the liquidation preference of S$1 per preference share and any accrued dividends.

The payment date will be Dec. 21.

The issuer is a financial group based in Singapore.


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