Issue of S$550 million perpetual capital securities by Oversea-Chinese Banking Corporation Limited
Allen & Gledhill, as transaction counsel, advised Oversea-Chinese Banking Corporation Limited (“OCBC”) on the issue of S$550 million 4.50% 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.
