Corporate digest

United Overseas Bank

FITCH Ratings has assigned United Overseas Bank's HK$700 million 3.19 per cent Basel III-compliant Tier 2 subordinated notes due August 2028 a rating of "A+", the rating agency said on Thursday.

Oceanus Group

SEAFOOD supply chain manager Oceanus has signed a binding term sheet with two of three of its key creditors for a proposed debt restructuring. The total debt balance held under the two key creditors, Ocean Wonder International and BW Investment, amounts to S…