UOB Sydney Branch issues A$1bn in 4-year senior unsecured notes, largest from a Singaporean issuer in Australia.
UOB Sydney Branch priced A$1bn in 4-year senior unsecured notes due 2028, the largest conventional AUD single-tranche senior bond from a Singaporean issuer in Australia. Demand from investors allowed UOB to achieve its desired volume and pricing despite broader risk-off sentiment. This is UOB's second AUD market tapping this year, with the issuance expected to complete on August 8. Joint lead managers and bookrunners include ANZ, Bank of China, Commonwealth Bank of Australia, UBS, Westpac, and UOB.
August 05, 2024
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