United Overseas Bank (SGX:U11) has priced the offering of 5 billion yuan worth of bonds at par, according to a filing with the Singapore Exchange on Monday.
The bonds will mature three years from the date of issue.
Proceeds raised from the listing will help the bank support its general banking business, the filing said.
The issue date of the bonds is expected to be Oct. 22.
Price (SGD): S$32.29, Change: S$-0.19, Percent Change: -0.58%
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