Back 16 Jul 2025

UOL Issues Additional S$75 Million 2.78% Notes Due 2032, Consolidates with Existing S$225 Million Tranche

Link: https://links.sgx.com/1.0.0/corporate-announcements/VTSCGXAR43EQNYBA/e3a4ee3178c07a8349514c19aa63e31ac5cd4674e9419c983cc24dc283931c58

Summary:

  • UOL Group Limited announced that its subsidiary, UOL Treasury Services Pte. Ltd., has issued S$75 million in 2.78% fixed rate notes due 2032.

  • This new tranche will be consolidated with the existing S$225 million notes issued on 15 July 2025, forming a single S$300 million series under the S$2 billion Multicurrency Medium Term Note Programme.

  • The notes are unconditionally and irrevocably guaranteed by UOL Group.

  • CIMB Bank Berhad (Singapore Branch) acted as the sole dealer for this tranche.

  • The consolidated notes are expected to be listed on the SGX-ST on 17 July 2025.

  • This marks the second tranche of the fifth series of notes under UOL’s long-standing debt programme established in 2014.