UOB Prices 1 Billion Euro Covered Bond Transaction in Two Tranches
UOB has priced a two-tranche covered bond transaction totaling 1 billion euros. The issuance consists of fixed-rate bonds with a two-year maturity.
Singapore, August 28, 2026 /PRNewswire/ -- UOB has priced a covered bond transaction totaling 1 billion euros, structured in two tranches. The issuance includes 500 million euros of fixed-rate covered bonds with a two-year maturity.
An additional 500 million euros was issued in 1.5-year fixed-rate covered bonds. UOB acted as the sole arranger and lead manager for these issuances.
The transaction is noted as successful, reflecting UOB's ability to access significant funding from international markets. Issuing covered bonds helps the bank strengthen its balance sheet structure and funding sources.
The aim of this issuance is to support the bank's overall funding requirements and enhance its lending capacity. UOB continues to execute its strategy, focusing on sustainable growth and meeting customer needs.