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UOVEY United Overseas Bk (PK)

53.89
0.064 (0.12%)
Last Updated: 15:42:00
Delayed by 15 minutes
Name Symbol Market Type
United Overseas Bk (PK) USOTC:UOVEY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.064 0.12% 53.89 53.81 53.98 53.89 53.84 53.88 17,581 15:42:00

UPDATE: United Overseas Bank Launches US$500 Million Bond To Yield Treasurys +144 BPs-Source

29/02/2012 12:50pm

Dow Jones News


United Overseas Bk (PK) (USOTC:UOVEY)
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United Overseas Bank Ltd. (U11.SG) has launched a US$500 million five-year dollar bond to yield 144 basis points over comparable Treasurys, a person familiar with the matter said Wednesday.

That's tighter than initial guidance, which indicated a yield of around 150 basis points over Treasurys.

ANZ, Credit Suisse, Nomura, and UOB are joint bookrunners on the Reg S senior offering, which is rated Aa1 by Moody's Investors Service and AA-minus by Fitch Ratings and Standard & Poor's Ratings Services.

-By Natasha Brereton-Fukui, Dow Jones Newswires; +65-6415-4044; natasha.brereton-fukui@dowjones.com

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1 Month United Overseas Bk (PK) Chart

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