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15 Jul 2025
UOL issues S$225 million 2.78% fixed rate notes due 2032 under S$2 billion MTN programme
Summary:
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UOL Group Limited’s wholly-owned subsidiary UOL Treasury Services Pte. Ltd. (UTS) has issued S$225 million in 2.78% fixed rate notes due 2032.
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The issuance is under UTS’s S$2 billion Multicurrency Medium Term Note (MTN) Programme, unconditionally and irrevocably guaranteed by UOL.
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DBS Bank and UOB acted as joint lead managers and book-runners.
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The notes form the first tranche of the fifth series under this programme.
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Listing and quotation on the SGX-ST are expected on 16 July 2025.
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Approval in-principle has been received from the SGX-ST, which does not imply the merits of the notes or issuers.