An announcement from UOB ( (SG:U11) ) is now available.
United Overseas Bank Limited’s Sydney Branch is set to issue A$2 billion in Floating Rate Senior Unsecured Notes due 2028 under its US$30 billion Global Medium Term Note Programme. This strategic move, managed by a consortium of leading banks, aims to enhance UOB’s market presence and financial flexibility, attracting investors with the notes’ strong credit ratings of Aa1 by Moody’s, and AA- by both Standard & Poor’s and Fitch Ratings.
More about UOB
United Overseas Bank Limited (UOB) is a major banking institution headquartered in Singapore, with operations across various countries including Australia, China, and the United Kingdom. UOB offers a range of financial services including personal financial services, private banking, trust services, commercial and corporate banking, and transaction banking.
YTD Price Performance: 7.18%
Average Trading Volume: 14,683
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $47.82B
For detailed information about U11 stock, go to TipRanks’ Stock Analysis page.