UOB issues $1.277b notes due 2030 under global bond programme

This will be the 13th series under the global programme.

United Overseas Bank Limited (UOB) announced plans to issue $1.277b (EUR850m) 2.718% covered bonds due 2030, pursuant to its $19.b (US$15b) global covered bond programme.

This will be the 13th series under the global programme, UOB said in a statement.

The bonds are expected to be issued on 1 December 2025 and have an issue price of 100% of the bond’s principal amount, it added. The bonds are intended to mature on 1 December 2030.

UOB, BNP PARIBAS, Hongkong and Shanghai Banking Corporation Limited, Landesbank Hessen-Thüringen Girozentrale, and Société Générale have been a pointed as joint lead managers of the bonds.

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