Standard & Poor's: Awarded Oversea-Chinese Banking Corporation (O39.SG) T2 Subordinated Notes "BBB+" Long-term Issuer Credit Rating.
On March 2, Standard & Poor's awarded Oversea-Chinese Banking Corp. Ltd. (referred to as "OCBC Bank" O39.SG) a "BBB+" long-term issue rating for their Tier 2 subordinated notes due in 2036.
This issuance is part of the Singapore bank's $30 billion global medium-term note program.
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