(The following statement was released by the rating agency)
SINGAPORE, September 01 (Fitch) Fitch Ratings has assigned
Singapore-based
United Overseas Bank Limited's (UOB) USD600m 2.88% Basel
III-compliant Tier 2
subordinated notes a final rating of 'A+'. This follows the
completion of the
securities issue, as well as the receipt of final documents
conforming to
information previously received. The final rating is the same as
the expected
rating assigned on 30 August 2016.
KEY RATING DRIVER
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