UOB's Sydney branch to issue A$750m in floating rate notes due October 2025
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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 comes under the US$15 billion Global Medium Term Note Programme, with the issue date of the notes expected to be Oct 27, 2020.
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