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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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