United Overseas Bank Limited announced on Nov, 25 2025 that it has priced EUR850.0 million 2.718 per cent covered bonds due Dec, 01 2030.

The notes will be issued as the thirteenth series under the bank’s US$15 billion Global Covered Bond Programme at 100 per cent of par, with coupons paid annually in arrear.

Payments of interest and principal will be guaranteed by Glacier Eighty Pte. Ltd., backed by a portfolio of loans and other assets acquired from the bank.

The covered bonds are expected to carry ratings of Aaa from Moody’s Investors Service and AAA from Standard & Poor’s Rating Services. Joint lead managers are United Overseas Bank Limited, BNP Paribas, The Hongkong and Shanghai Banking Corporation Limited (Singapore Branch), Landesbank Hessen-Thüringen Girozentrale and Société Générale.

An application will be made for listing and quotation on the Singapore Exchange Securities Trading Limited, and the issue date is scheduled for Dec, 01 2025.