SUBSCRIBERS
UOB US$600m notes 7.3 times subscribed
Add BT as a preferred sourcePublished Thu, Sep 1, 2016 · 09:50 PM
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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.
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