Singapore OCBC Group Issues S$450 Million AT1 Perpetual Capital Securities at 4.05% Yield Callable 2029 to be Issued on 16th January 2024, First Call & Coupon Reset Date 5.75 Years in 2029 Benchmark to 5-Year Singapore SORA & Initial Spread of 1.3165%
11th January 2024 | Hong Kong
Singapore OCBC Group is issuing a S$450 million AT1 (Additional Tier-1) Perpetual Capital Securities at 4.05% yield callable 2029 (Issue on 16/1/24), with the first call & coupon reset date in 5.75 years in 2029 (16/10/29) and benchmarked to the 5-year Singapore SORA (Singapore Overnight Rate Average Overnight Indexed Swap) & initial spread of +1.3165%. OCBC Group is one of the 3 largest banking group in Singapore (DBS, OCBC, UOB), and has a market capitalization of $43 billion (11/1/24: S$58 billion).
“ Singapore OCBC Group Issues S$450 Million AT1 Perpetual Capital Securities at 4.05% Yield Callable 2029 to be Issued on 16th January 2024, First Call & Coupon Reset Date 5.75 Years in 2029 Benchmark to 5-Year Singapore SORA & Initial Spread of 1.3165% “
Singapore OCBC Group Issues S$450 Million AT1 Perpetual Capital Securities at 4.05% Yield Callable 2029 to be Issued on 16th January 2024
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit