Singapore's DBS Bank sets up $10 billion program to sell senior notes

By Susanna Moon

Chicago, June 23 - DBS Bank Ltd. said it established a $10 billion debt issuance program for senior debt securities.

Proceeds will be used for the general business purposes.

The bank has applied to list the notes on the Singapore Exchange Securities Trading Ltd.

DBS, the arranger of the program, is a financial services group based in Singapore.

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