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OCBC prices A$200 mil of senior floating rate notes due 2023

Jovi Ho
Jovi Ho9/1/2020 06:18 PM GMT+08  • 2 min read
OCBC prices A$200 mil of senior floating rate notes due 2023
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.
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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.

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