UOB bond

UOB scores ultra low coupon with Asia-driven $500 million bond

The Singaporean lender prints inside of rival bank DBS and achieves a record low coupon.
<div style="text-align: left;"> Singapore's UOB tapped Asian demand for its bond offering </div>
<div style="text-align: left;"> Singapore's UOB tapped Asian demand for its bond offering </div>
March 01, 2012

United Overseas Bank (UOB) late last night priced a $500 million five-year bond, achieving the lowest coupon for an Asian financial institution (outside Japan) for a dollar bond of a similar maturity.

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