UOB: Prices Singapore's First Sustainability Bond Offering.08 Apr 2021 11:09
The Senior Notes and the Subordinated Notes have been priced at a fixed coupon rate of 1.25 per cent and 2.00 per cent per annum respectively. In aggregate, UOB raised US$1.50 billion, with a final orderbook of US$2.75 billion. The debut sustainability format of the dual tranche issuance benefitted from the strong support from sustainability-focused investors, who contributed 60 per cent to the final orderbook...
Source: ShareInvestor Express