UOL prices $75m notes due 2032
Proceeds will be used for general corporate purposes.
UOL Group Limited has priced $75m of 2.78% notes due 2032 through its wholly-owned subsidiary, UOL Treasury Services Pte. Ltd.
The notes will be issued on 15 July 2025 and form a single series with an existing $225m issuance under the same terms.
The notes are part of UOL’s $2b Multicurrency Medium Term Note Programme, established in 2014. Interest will be paid semiannually, and the notes will mature on 15 July 2032.
CIMB Bank Berhad, Singapore Branch is the sole dealer for this tranche.
Net proceeds from the issuance will be used for general corporate purposes of UOL and its subsidiaries, including the refinancing of existing debt and the funding of working capital and capital expenditures.
The notes are unsecured, unsubordinated obligations of UOL Treasury Services and are guaranteed by UOL Group. They will be offered outside the U.S. under Regulation S and in Singapore to institutional and accredited investors under the Securities and Futures Act.
The SGX-ST has not reviewed or endorsed the merits of the programme or the notes.