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UOB US$600m notes 7.3 times subscribed

Friday, September 2, 2016 - 05:50

Singapore

UOB said on Thursday that its upcoming issue of US$600 million Basel III- compliant Tier 2 subordinated notes was about 7.3 times subscribed.

The notes, which pay a coupon rate of 2.88 per cent, attracted an order book of US$4.4 billion, the bank said.

The notes,

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