capital securities

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OCBC prices $450 mil perpetual capital securities first callable in 2029

As at 9.56am, shares in OCBC are trading 8 cents lower or 0.62% down at $12.80.

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OCBC prices $500 mil worth of perpetual capital securities with 3.90% coupon

The capital securities are intended to qualify as additional tier 1 capital of the bank under MAS requirements.
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