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Published on 7/10/2017 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

United Overseas Bank to redeem all S$1.2 billion 3.15% notes due 2022

By Tali Rackner

Minneapolis, July 10 – United Overseas Bank Ltd. plans to redeem all of its S$1.2 billion 3.15% subordinated notes due 2022 issued under its S$15 billion euro medium-term note program, according to a notice.

The notes will be redeemed at par plus accrued interest, if any, on July 11.

The retail bank is based in Singapore.


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