OCBC notes

OCBC issues $1 billion short-dated notes

OCBC follows its Singapore competitors by raising unsubordinated funds in the US dollar market.

<div style="text-align: left;"> OCBC has been growing its presence within the region in recent years </div>

Rupert Walker

March 08, 2012

Close on the heels of its rival Singapore lenders, OCBC raised $1 billion of unsubordinated debt late on Tuesday. The sale of three-year notes was only the second time the bank has issued bonds in the US under the SEC’s Rule 144a.

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