ASIAMONEY Country Deals of the Year 2013: Singapore
Each year we reveal the most impressive individual transaction to have taken place in each major Asian market. In Singapore, United Overseas Bank's Basel III-compliant bond offering helps to set a milestone for regional bank capital issuance.
United Overseas Bank’s SGD850 million 4.7% perpetual non-call five Tier 1 bonds
Joint bookrunners: ANZ, HSBC, Nomura, Standard Chartered, UBS, UOB
The Basel III transaction by United Overseas Bank (UOB) stood out less for its size, and more its trailblazing nature.The deal made UOB the region’s first Tier ...