Singapore’s UOB prices $979 million in covered bonds under global programme — TradingView News

Singapore’s UOB prices 9 million in covered bonds under global programme — TradingView News


United Overseas Bank (UOB) U11, Southeast Asia’s third-largest bank by assets, said on Tuesday that it has priced 850 million euros ($979.12 million) in covered bonds under its $15 billion global covered bond programme.

The Singapore-based lender has set the annual coupon at 2.718%, payable once a year.

UOB expects to issue the bonds on December 1 this year, with maturity scheduled for December 1, 2030.



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