5 October 2020

Allen & Gledhill advised Oversea-Chinese Banking Corporation Limited (“OCBC”), as transaction counsel, on the issue of S$200 million 3.00% perpetual capital securities first callable in 2030 (“Capital Securities”) under its US$30 billion global medium term note programme.

The Capital Securities were issued as Additional Tier 1 capital of OCBC.

OCBC was appointed joint lead managers and bookrunners for the Capital Securities.

Advising OCBC was Allen & Gledhill Partner Glenn Foo.

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