OCBC Sydney returns for A$400 million FRN
- Wednesday, 04 November 2015
On November 4, Oversea-Chinese Banking Corporation Sydney Branch (OCBC Sydney) (AA-/Aa1/AA-) priced a new domestic three-year senior-unsecured issue. According to KangaNews data, the issuer most recently visited the domestic market in February when it priced a A$300 million (US$216.2 million) June 2019 floating-rate note issue. That deal priced at 81 basis points over bank bills.
