“Since October 2020, we have been pre-financing actively in the market ahead of macroeconomic and structural headwinds. Together with the latest print of A$900 million, we have achieved a total issuance volume of A$3.6 billion during this period. We are thankful for the strong support and repeated demand across both domestic and regional investors," says Koh Chin Chin, head of group central treasury unit at UOB.
The Sydney branch of UOB has announced its intention to price A$900 million ($870.1 million) of floating rate notes on Feb 18. The transaction is the largest single issuance for UOB and the largest for a Southeast Asian issuer.
The Australian dollar-denominated notes will be issued under the US$15 billion ($20.15 billion) global medium term note (GMTN) programme.
