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UOB Malaysia successfully prices RM1 bil Subordinated Medium Term Notes - Vimarsana News

UOB Malaysia successfully prices RM1 bil Subordinated Medium Term Notes

United Overseas Bank (M) Bhd successfully priced a RM1 billion Basel III-compliant Tier 2 Subordinated Medium Term Notes this week, which marked it as the first locally incorporated foreign financial institution to enter the Malaysian bond market since 2020, said its joint lead manager HSBC Bank Malaysia Bhd.