Obligation United Global Bank Ltd 0.689% ( US91127LAB62 ) en USD

United Global Bank Ltd

100 % ▼

Singapour

US91127LAB62 ( en USD )

0.689% par an ( paiement trimestriel )

22/04/2021 - Obligation échue

Prospectus brochure de l'obligation United Overseas Bank Ltd US91127LAB62 en USD 0.689%, échue

200 000 USD

500 000 000 USD

91127LAB6

AA- ( Haute qualité )

Aa1 ( Haute qualité )

United Overseas Bank Ltd (UOB) est une banque multinationale basée à Singapour, offrant une large gamme de services bancaires aux particuliers, entreprises et institutions dans l'Asie-Pacifique, ainsi qu'à l'échelle mondiale.

L'Obligation émise par United Global Bank Ltd ( Singapour ) , en USD, avec le code ISIN US91127LAB62, paye un coupon de 0.689% par an.
Le paiement des coupons est trimestriel et la maturité de l'Obligation est le 22/04/2021

L'Obligation émise par United Global Bank Ltd ( Singapour ) , en USD, avec le code ISIN US91127LAB62, a été notée Aa1 ( Haute qualité ) par l'agence de notation Moody's.

L'Obligation émise par United Global Bank Ltd ( Singapour ) , en USD, avec le code ISIN US91127LAB62, a été notée AA- ( Haute qualité ) par l'agence de notation Standard & Poor's ( S&P ).

EXECUTION VERSION
Pricing Supplement dated 16 April 2018
UNITED OVERSEAS BANK LIMITED
(incorporated with limited liability in the Republic of Singapore)
(Company Registration Number 193500026Z)
acting through its registered office in Singapore
Issue of U.S.$500,000,000 Floating Rate Notes due 2021
under the U.S.$15,000,000,000 Global Medium Term Note Programme
This document constitutes the Pricing Supplement relating to the issue of Notes described
herein.
Terms used herein shall be deemed to be defined as such for the purposes of the Note
Conditions set forth in the Of ering Circular dated 21 February 2018 (the "Note Conditions").
This Pricing Supplement contains the final terms of the Notes and must be read in conjunction
with such Of ering Circular.
Where interest, discount income (not including discount income arising from secondary
trading), prepayment fee, redemption premium or break cost is derived from any Notes by any
person who is not resident in Singapore and who carries on any operations in Singapore through
a permanent establishment in Singapore, the tax exemption available (subject to certain
conditions) under the Income Tax Act, Chapter 134 of Singapore (the "ITA"), shal not apply if
such person acquires such Notes using the funds and profits of such person's operations through
a permanent establishment in Singapore. Any person whose interest, discount income (not
including discount income arising from secondary trading), prepayment fees, redemption
premium or break cost derived from the Notes is not exempt from tax (including for the reasons
described above) shal include such income in a return of income made under the ITA.

1
(i)
Issuer:
United Overseas Bank Limited, acting through its
registered office in Singapore
2
(i)
Series Number:
33

(ii) Tranche Number:
1
3
Specified Currency or Currencies:
United States dol ars ("U.S.$")
4
Aggregate Nominal Amount:

(i)
Series:
U.S.$500,000,000

(ii) Tranche:
U.S.$500,000,000
5
(i)
Issue Price:
100.00 per cent. of the Aggregate Nominal
Amount

(ii) Net Proceeds:
Approximately U.S.$499,640,000 (excluding any
applicable Singapore goods and services tax)
6
(i)
Specified Denominations:
U.S.$200,000 plus integral multiples of
U.S.$1,000 in excess thereof

(ii) Calculation Amount
U.S.$1,000
7
(i)
Issue Date:
23 April 2018

(ii) Interest Commencement Date
Issue Date
(iii) First Call Date:
Not Applicable
8
Maturity Date:
Interest Payment Date falling on or nearest to
23 April 2021
9
Interest Basis:
3 months USD LIBOR + 0.48 per cent. Floating
Rate
(further particulars specified below)
10
Redemption/Payment Basis:
Redemption at par
11
Change of Interest or
Not Applicable
Redemption/Payment Basis
12
Put/Call Options:
Not Applicable
13
Status of the Notes:
Senior
14
Listing:
SGX-ST
15
Method of distribution:
Syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16
Fixed Rate Note Provisions:
Not Applicable
17
Floating Rate Note Provisions:
Applicable
(i)
Interest Period(s):
The period beginning on (and including) the
Interest Commencement Date and ending on (but
excluding) the first Specified Interest Payment
Date and each successive period beginning on
(and including) a Specified Interest Payment Date
and ending on (but excluding) the next
succeeding Specified Interest Payment Date.
(ii) Specified Interest Payment
23 January, 23 April, 23 July and 23 October in
Dates:
each year commencing on 23 July 2018 and
ending on the Maturity Date adjusted in
accordance with the Business Day Convention set
out in (iv) below.
(iii) Interest Period End Date:
Not Applicable
(iv) Business Day Convention:
Modified Fol owing Business Day Convention
(v) Business Centre(s):
London, New York
(vi) Manner in which the Rate(s) of
Screen Rate Determination
Interest is/are to be determined:
(vii) Party responsible for calculating
Not Applicable
the Rate(s) of Interest and
Interest Amount(s) (if not the
Calculation Agent):
(viii) Screen Rate Determination:
2

Reference Rate:
3 months USD LIBOR

Interest Determination
Two London business days prior to the
Date(s):
commencement of the next Interest Period

Relevant Screen Page:
Reuters LIBOR 01

(ix) ISDA Determination:
Not Applicable

(x) Margin(s):
+0.48 per cent. per annum

(xi) Minimum Rate of Interest:
Not Applicable

(xii) Maximum Rate of Interest:
Not Applicable

(xiii) Day Count Fraction:
Actual/360

(xiv) Fall back provisions, rounding
Not Applicable
provisions, denominator and any
other terms relating to the
method of calculating interest on
Floating Rate Notes, if dif erent
from those set out in the Note
Conditions:
18 Zero Coupon Note Provisions:
Not Applicable
PROVISIONS RELATING TO REDEMPTION
19 Call Option:
Not Applicable
20 Put Option:
Not Applicable
21 Variation instead of Redemption (Note Not Applicable
Condition 5(g)):

22 Final Redemption Amount of each
U.S.$1,000 per Calculation Amount
Note:
23 Early Redemption Amount

Early Redemption Amount(s) per
U.S.$1,000 per Calculation Amount
Calculation Amount payable on
redemption for taxation reasons or on
event of default/due to a Tax Law
change and/or the method of
calculating the same (if required or if
different from that set out in the Note
Conditions):

PROVISIONS RELATING TO LOSS ABSORPTION
24 Loss Absorption Measure: Write
Not Applicable
Down on a Loss Absorption Event
(Note Condition 6(a))

GENERAL PROVISIONS APPLICABLE TO THE NOTES

3

25 Form of Notes:
Registered Notes:
Regulation S Global Certificate and Rule 144A
Global Certificate(s) registered in the name of a
nominee for DTC
26 Financial Centre(s) or other special
New York, London and Singapore
provisions relating to Payment Dates:
27 Talons for future Coupons or Receipts No
to be attached to Definitive Notes
(and dates on which such Talons
mature):
28 Details relating to Partly-Paid Notes:
Not Applicable
amount of each payment comprising
the Issue Price and date on which
each payment is to be made and
consequences (if any) of failure to
pay, including any right of the Issuer
to forfeit the Notes and interest due
on late payment:
29 Details relating to Instalment Notes:
Not Applicable
amount of each instalment
("Instalment Amount"), date on
which each payment is to be made
("Instalment Date"):
30 Other terms or special conditions:
Not Applicable
DISTRIBUTION

31 (i)
If syndicated, names of
Citigroup Global Markets Inc., Credit Suisse
Managers:
(Singapore) Limited, The Hongkong and Shanghai
Banking Corporation Limited, J.P. Morgan (S.E.A.)
Limited and United Overseas Bank Limited

(ii) Stabilising Manager (if any):
The Hongkong and Shanghai Banking
Corporation Limited
32 If non-syndicated, name of Dealer:
Not Applicable
33 U.S. Sel ing Restrictions:
Rule 144A; TEFRA not applicable
34 Additional sel ing restrictions:
Not Applicable
OPERATIONAL INFORMATION

35 ISIN Code:
Regulation S Notes: US91127LAB62
Rule 144A Notes: US91127KAB89
36 Common Code:
Regulation S Notes: 180748385
Rule 144A Notes: 180748377
37 CUSIP:
Regulation S Notes: 91127LAB6
Rule 144A Notes: 91127KAB8
38 CINS:
Not Applicable

4

39 CMU Instrument Number:
Not Applicable
40 Any clearing system(s) other than The Not Applicable
Central Depository (Pte) Limited, The
Central Moneymarkets Unit Service,
Euroclear Bank SA/NV, Clearstream
Banking S.A., DTC and Austraclear
Ltd and the relevant identification
number(s):
41 Delivery:
Delivery against payment
42 Additional Paying Agent(s) (if any):
Not Applicable

GENERAL
43 Prohibition of Sales to EEA Retail
Not Applicable
Investors:

44 Ratings:
Aa1 (Moody's), AA- (S&P), AA- (Fitch)
45 Governing Law:
English law
46 Applicable governing document:
Trust Deed dated 21 February 2018

PURPOSE OF PRICING SUPPLEMENT
This Pricing Supplement comprises the final terms required for issue and admission to trading on the
Singapore Exchange Securities Trading Limited of the Notes described herein pursuant to the
U.S.$15,000,000,000 Global Medium Term Note Programme of United Overseas Bank Limited.
INVESTMENT CONSIDERATIONS
There are significant risks associated with the Notes. Prospective investors should have regard to the
factors described under the section headed "Investment Considerations" in the Of ering Circular before
purchasing any Notes. Before entering into any transaction, prospective investors should ensure that
they fully understand the potential risks and rewards of that transaction and independently determine
that the transaction is appropriate given their objectives, experience, financial and operational
resources and other relevant circumstances. Prospective investors should consider consulting with
such advisers as they deem necessary to assist them in making these determinations.
RESPONSIBILITY
The Issuer accepts responsibility for the information contained in this Pricing Supplement.

5