You are here

UOB's Sydney branch to issue A$750m in floating rate notes due October 2025

BT_20201021_VIUOB21_4291714.jpg
UOB said that 70 per cent of notes were allocated to Australian investors, and the rest to Asian investors; "sizeable orders" were received from investors from Taiwan, Korea and Japan.

Singapore

UOB announced after trading hours on Tuesday that its Sydney branch intends to issue A$750 million in floating rate notes due in October 2025 with a coupon of the three-month bank bill swap reference rate plus 0.59 per cent per annum payable quarterly in arrear.

This...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes