UOB's proposed A$300m notes get Aa1 rating
Rating in line with bank's Aa1 global local currency deposit rating
Add BT as a preferred sourceTHE proposed A$300 million (S$350.9 million) senior unsecured notes to be issued by United Overseas Bank (UOB) through its Sydney branch have been assigned an Aa1 debt rating by Moody's Investors Service.
In a statement released on Thursday, the credit rating agency said the proposed notes are expected to mature in September 2018 and will be issued under UOB's S$10 billion Euro medium-term note programme.
It said the outlook for the rating is stable.
