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Published on 2/21/2018 in the Prospect News Emerging Markets Daily.

Singapore’s OCBC mandates banks for euro five-year benchmark notes

By Rebecca Melvin

New York, Feb. 21 – Oversea-Chinese Banking Corp. Ltd. has selected banks to arrange a euro-denominated benchmark offering of five-year notes (expected ratings: Aaa//AAA), according to a market source.

Barclays, BNP Paribas, Nord/LB, OCBC Bank and UniCredit are joint lead managers for the Regulation S deal, which will be launched soon subject to market conditions.

The financial group is based in Singapore.


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