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Prospect News home > News index > List of issuers O > Headlines for Oversea-Chinese Banking Corp. Ltd. > News item
Published on 8/9/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Oversea-Chinese Banking calls S$1.5 billion 5.1% preference shares

New York, Aug. 9 – Oversea-Chinese Banking Corp. Ltd. said its subsidiary OCBC Capital Corp. (2008) will redeem its S$1.5 billion of 5.1% non-cumulative non-convertible guaranteed preference shares on Sept. 20.

Holders will receive the S$100 liquidation preference plus accrued and unpaid dividends, whether or not declared, according to a notice.

Oversea-Chinese Banking is a Singapore-based financial group.


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