UOB completed its second international bond offering in as many weeks on Wednesday with a new $500 million lower tier-2 LT2 deal that replaces legacy capital maturing next month. United Overseas Bank ( UOB ) has completed its second international bond offering in as many months with a new $ 500 million lower tier-2 deal that replaces legacy capital maturing next month . Bankers consider this a good move considering the bond markets are only just beginning to recover following two months of volatility .
United Overseas Bank ( UOB ) has completed its second international bond offering in as many months with a new $ 500 million lower tier-2 deal that replaces legacy capital maturing next month . Bankers consider this a good move considering the bond markets are only just beginning to recover following two months of volatility .