Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  SINGAPORE EXCHANGE  >  Oversea-Chinese Banking Corp. Limited    OCBC   SG1S04926220

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

Oversea Chinese Banking : Notice of Redemption of US$1 billion 3.15% Subordinated Notes due 2023 Callable in 2018

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/12/2018 | 11:46am CET

OVERSEA-CHINESE BANKING CORPORATION LIMITED

(Incorporated in Singapore)

(Company Registration No. 193200032W)

NOTICE OF REDEMPTION

to the holders of

US$1,000,000,000 3.15% Subordinated Notes due 2023 Callable in 2018 issued under the US$10,000,000,000 Global Medium Term Note Program (ISIN Nos. US69033CAA71 and US69033DAA54) (the "Notes")

In accordance with Condition 5(d) of the terms and conditions of the Notes, irrevocable notice is hereby given to the holders of the Notes that Oversea-Chinese Banking Corporation Limited has elected to, and will, redeem all of the outstanding Notes on 12 March 2018 (the "Redemption Date"). The Notes will be subsequently cancelled and then de-listed from the Singapore Exchange Securities Trading Limited (the "SGX-ST") pursuant to the procedures of the SGX-ST. Terms used and not defined in this Notice of Redemption are used with the same meanings ascribed thereto in the terms and conditions of the Notes.

The redemption price (the "Redemption Price") for the Notes will be the Optional Redemption Amount, as set out in the pricing supplement dated 4 September 2012 in respect of the Notes.

On the Redemption Date, the Redemption Price for the Notes will become due and payable and interest shall (unless the Issuer defaults in the payment of the Redemption Price) cease to accrue on or after the Redemption Date.

In accordance with Condition 5(m) of the Notes, approval has been received from the Monetary Authority of Singapore for the redemption of the Notes.

Issued by

OVERSEA-CHINESE BANKING CORPORATION LIMITED

12 February 2018

OCBC - Oversea-Chinese Banking Corporation Ltd. published this content on 12 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 February 2018 10:45:06 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on OVERSEA-CHINESE BANKING CO
02/12OVERSEA CHINESE BANKING : Notice of Redemption of US$1 billion 3.15% Subordinate..
PU
02/08OVERSEA CHINESE BANKING : Bank of Singapore eyes expanding footprint in Dubai
AQ
01/30OVERSEA CHINESE BANKING : OCBC Malaysia ups base rate by 25bps from Feb 2
AQ
01/17OVERSEA CHINESE BANKING : Acquisition of Additional 18.51% Interest in Maxwealth..
PU
01/05OVERSEA CHINESE BANKING : Oil Prices Likely To Fetch US$70 Per Barrel This Year
AQ
2017OVERSEA CHINESE BANKING : Dissolution of PacificMas Berhad
PU
2017OVERSEA CHINESE BANKING : Divestment of Shareholdings in United Engineers Limite..
PU
2017ManagePay gains 4.88% on agreement with Great Eastern for e-pay solutions
AQ
2017ManagePay to offer electronic payment solutions to Great Eastern
AQ
2017OVERSEA CHINESE BANKING : Notice of Redemption - 4.0% Non-Cumulative Non-Convert..
PU
More news
News from SeekingAlpha
2016OCBC Offers Growth At A Reasonable Price 
2016Quality Concerns Front-And-Center At DBS Group 
2015DBS Group Gives You What You Pay For 
Financials ( SGD)
Sales 2018 10 262 M
EBIT 2018 5 709 M
Net income 2018 4 558 M
Debt 2018 -
Yield 2018 3,26%
P/E ratio 2018 11,67
P/E ratio 2019 10,51
Capi. / Sales 2018 5,22x
Capi. / Sales 2019 4,81x
Capitalization 53 597 M
Chart OVERSEA-CHINESE BANKING CO
Duration : Period :
Oversea-Chinese Banking Co Technical Analysis Chart | OCBC | SG1S04926220 | 4-Traders
Technical analysis trends OVERSEA-CHINESE BANKING CO
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 13,6  SGD
Spread / Average Target 6,2%
EPS Revisions
Managers
NameTitle
Samuel Nag Tsien Group CEO & Non-Independent Executive Director
Sang Kuang Ooi Chairman
Ching Wei Hong Chief Operating Officer
Siew Peng Tan Chief Financial Officer & Executive Vice President
Khiang Tong Lim Head-Group Operations & Technology
Sector and Competitors
1st jan.Capitalization (M$)
OVERSEA-CHINESE BANKING CORP. LIMITED4.44%41 040
JP MORGAN CHASE & COMPANY7.57%400 788
INDUSTRIAL AND COMMERCIAL BANK OF CHINA10.97%369 967
BANK OF AMERICA8.40%331 354
WELLS FARGO-1.07%293 240
CHINA CONSTRUCTION BANK CORPORATION10.42%288 752