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UOB planning sale of US$-denominated bonds

It has hired banks for an offering of subordinated notes
Tuesday, March 11, 2014 - 06:00

UNITED Overseas Bank is planning a sale of dollar-denominated bonds as Asia's investment-grade issuers pay the least for debt in the US currency in almost three years. UOB, which is rated AA- by Standard & Poor's, the company's fourth-highest grade, hired banks for an offering of

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