Oversea-Chinese Banking Corporation Limited (OCBC Bank) received consent from bondholders yesterday to switch the benchmark underpinning its £250m floating rate covered bonds due 2023 from GBP LIBOR to SONIA (including consequential amendments to the underlying covered bond swaps). This consent is the first of its kind for the Asia market as organisations start transitioning to […]

The post Linklaters advises OCBC Bank on Asia’s first public GBP LIBOR to SONIA consent solicitation appeared first on Legal Desire.


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