UOBSP 3.500% 22May2026 Corp (SGD)

Bond Factsheet

Matured/ Called

United Overseas Bank Limited (UOB)

Indicative

Full Lot

Bid Price

100.043

Change in Bid Price

0.033

Bid Yield (%)

Change in Bid Yield

Ask Price

100.080

Change in Ask Price

Ask Yield (%)

Change in Ask Yield

Indicative price as of 22 May 2020, 12:00am

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Bond Information

United Overseas Bank Limited provides a wide range of financial services including personal financial services, wealth management, private banking, commercial and corporate banking, transaction banking, investment banking, corporate finance, capital market activities, treasury services, futures broking, asset management, venture capital management and insurance.

Bond Issuer

United Overseas Bank Limited (UOB)

Guarantor

Announcement Date

14 May 2014

Issue Date

22 May 2014

Maturity Date

22 May 2026

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

3.500

Coupon Type

Variable

Annual Coupon Rate

3.500

Coupon Frequency

Semi Annually

Seniority

Subordinated

Capital Structure

Subordinated

Reference Rate

Reset Rate=6Yr SGD SOR + Initial Spread (1.607%) Reset Date=22May2020

ISIN

SG6QD3000002

CUSIP

EK2754795

Bond Currency

SGD

Total Issue Size

Outstanding Issue Size

500,000,000

Min. Investment Quantity (Nominal)

SGD 250,000

Incremental Quantity (Nominal)

SGD 250,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch)

***/ AA-

Bond Credit Rating (S&P/ Fitch)

***/ A

Shariah Compliant

Exchange Listed

SGX

Bond Feature(s)

Loss Absorption

if a Loss Absorption Event occurs the Issuer shall, upon the issue of a Loss Absorption Event Notice and a Write Down Notice, irrevocably and without the need for the consent of the Trustee or the holders of any Subordinated Notes:

reduce the principal amount, and
cancel any accrued but unpaid interest (up to but excluding the Loss Absorption Measure Effective Date)

in respect of each Subordinated Note (in whole or in part) by an amount equal to the Write Down Amount per Subordinated Note (a "Write Down", and "Written Down" shall be construed accordingly).

Extracted from Information Memorandum Dated 28 February 2014 & Pricing Supplement Dated 14 May 2014

Issuer Call

Optional Redemption Date: 22 May 2020 Only
Optional Redemption Amount: S$250,000 per calculation amount (100%)

Extracted from Extracted from Information Memorandum Dated 28 February 2014 & Pricing Supplement Dated 14 May 2014

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