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Issue of S$450 million perpetual capital securities by Oversea-Chinese Banking Corporation Limited
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Allen & Gledhill advised Oversea-Chinese Banking Corporation Limited (“OCBC”) on the issue of S$450 million 4.05% perpetual capital securities first callable in 2029 (“Capital Securities”), under its US$30 billion global medium term note programme.
OCBC was appointed sole lead manager and bookrunner for the Capital Securities.
Advising OCBC was Allen & Gledhill Partner Glenn David Foo.