UOB China sells first internationally rated onshore tier-two

By Rebecca Feng
20 Nov 2019

United Overseas Bank (China), a wholly-owned subsidiary of Singapore’s UOB, sealed a Rmb1bn ($142m) 10 non-call five year subordinated bond on Monday. The trade was the first internationally rated tier-two capital bond in the Mainland debt market.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial