News at-a-glance: UOB sets sustainability bond benchmark in Singapore
UOB has priced the first sustainability bond offering from Singapore – a US dollar-denominated issuance for the first dual tranche senior notes and tier 2 instrument in sustainability format globally from a bank issuer.
In aggregate, UOB raised $1.5 billion, with a final orderbook of $2.75 billion, with sustainability-focused investors contributing 60% to the final orderbook.
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