{
  "id": 3630591,
  "title": "UOB prices landmark US$1.2 billion dual-tranche euro covered bond offering",
  "url": "https://urgent.news/2026/08/27/uob-prices-landmark-us-1-2-billion-dual-tranche-euro-covered-bond",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T01:01:13.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/banking-finance/uob-prices-landmark-us1-2-billion-dual-tranche-euro-covered-bond-offering"
  },
  "original_language": "en",
  "account": null,
  "summary": "UOB has priced a €1 billion dual-tranche euro-covered bond offering under its US$15 billion Global Covered Bond Programme. The offering, the first executed by an Asian issuer, generated strong investor demand, with peak order books exceeding €4.25 billion within four hours of launch and the final book closing at around €3.9 billion, representing an oversubscription of about four times. The issuance features two maturities, with a €500 million tranche maturing in September 2028 and a €500 million tranche maturing in September 2031, both offering fixed annual coupons of 3.118% and 3.342%, respectively.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "UOB prices landmark €1 billion dual-tranche covered bond offering",
        "url": "https://urgent.news/2026/08/27/uob-prices-landmark-1-billion-dual-tranche-covered-bond-offering",
        "published": "2026-08-27T01:01:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}