Oversea-Chinese Banking Corporation Limited has priced A$200 million (S$200.55 million) of senior floating rate notes due 2023 under its US$30 billion (S$40.72 million) Global Medium Term Note Program.
The notes will be issued by OCBC Bank, acting through its Sydney Branch, and are expected to be Repo Eligible by the Reserve Bank of Australia, said OCBC Bank in a press release on September 1.
The net proceeds from the issue of the notes will be used for the general corporate purposes of OCBC Bank.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
