SGX:U11Banks
Assessing United Overseas Bank (SGX:U11) Valuation After New SGD850 Million AT1 Capital Securities Issue
Why United Overseas Bank’s new AT1 issue matters
United Overseas Bank (SGX:U11) has announced plans to issue S$850 million of 3.00% perpetual capital securities as Additional Tier 1 capital. This move is aimed at supporting its regulatory capital position and long term funding profile.
See our latest analysis for United Overseas Bank.
United Overseas Bank’s share price closed at S$36.40, and the 30 day share price return of 4.75% alongside a 90 day share price return of 6.12% points to...