OCBC Bank updates note program

The US$5b Program for Issuance of Debt Instruments has been updated to a US$10b Global Medium Term Note Program.

Under the Program, OCBC Bank may from time to time issue senior or subordinated notes outside the United States to non-U.S. persons in reliance on Regulation S and in the United States to qualified institutional buyers as defined in Rule 144A under the United States Securities Act of 1933, as amended.

OCBC Bank, J.P. Morgan (S.E.A.) Limited and Merrill Lynch (Singapore) Pte. Ltd. are the Joint Arrangers and Dealers for the Program.

Application has been made for permission to deal in, and for quotation of, any notes which are agreed at the time of issue to be listed on the Singapore Exchange Securities Trading Limited.

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