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Prospect News home > News index > List of issuers O > Headlines for Oversea-Chinese Banking Corp. Ltd. > News item |
Moody's rates Oversea-Chinese bonds Aa1
Moody's Investors Service said it assigned an Aa1 rating to the proposed ¥500 million senior unsecured bonds to be issued by Oversea-Chinese Banking Corp. Ltd.
The outlook is stable.
The proposed bonds will represent direct, senior, unsubordinated, and unsecured obligations of Oversea-Chinese. As such, they have the same rating as Oversea-Chinese's long-term deposits of Aa1, Moody's said.
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