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UOB prices A$1 billion in bonds, the largest-ever conventional single-tranche issuance by a Singapore issuer in Australia

  • Written by PR Newswire Asia - Asian Spectator
UOB prices A$1 billion in bonds, the largest-ever conventional single-tranche issuance by a Singapore issuer in Australia

SINGAPORE, Aug. 5, 2024 /PRNewswire/ -- UOB Sydney Branch has priced A$1 billion in four-year senior unsecured notes due 2028. The notes were priced on Friday (2 Aug) at the Bank Bill Swap Rate (BBSW) plus 0.74 per cent. 

The issuance is the largest conventional AUD single-tranche senior bond from a Singaporean Issuer. 

UOB had made...

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