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U11 - United Overseas Bank News Story

S$26.58 0.6  2.1%

Last Trade - 10:15am

Sector
Financials
Size
Large Cap
Market Cap £23.72bn
Enterprise Value £-636.6m
Revenue £5.17bn
Position in Universe 66th / 6095

BRIEF-United Overseas Bank Prices Singapore's First Sustainability Bond Offering

Thu 8th April, 2021 2:33am
April 8 (Reuters) - United Overseas Bank Ltd  UOBH.SI :
    * UOB PRICES SINGAPORE'S FIRST SUSTAINABILITY BOND OFFERING
    * SENIOR NOTES AND SUBORDINATED NOTES PRICED AT A FIXED
COUPON
RATE OF 1.25% AND 2.% P.A. RESPECTIVELY
    * IN AGGREGATE, UOB RAISED US$1.50 BILLION, WITH A FINAL
ORDERBOOK
OF US$2.75 BILLION
    * PROCEEDS WILL BE USED TO FINANCE OR TO REFINANCE ELIGIBLE
BUSINESSES IN AREAS SUCH AS GREEN BUILDINGS AND RENEWABLE ENERGY
    * SUSTAINABILITY BOND OFFERING WILL BE ISSUED UNDER UOB'S
US$15
BILLION GLOBAL MEDIUM TERM NOTE PROGRAMME

Source text for Eikon:  ID:nSNZ2jLFWw 
Further company coverage:  UOBH.SI 

 ((Reuters.Briefs@thomsonreuters.com;))
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