Published on 1/17/2017 in the Prospect News Emerging Markets Daily.
New Issue: Singapore’s DBS Bank sells €750 million 3/8% covered bonds due 2024 at 99.34
By Christine Van Dusen
Atlanta, Jan. 17 – Singapore’s DBS Bank Ltd. priced €750 million of 3/8% covered bonds due Jan. 23, 2024 at 99.34 on Tuesday, according to a company announcement.
JPMorgan, DBS, Deutsche Bank, Societe Generale CIB and UniCredit were the bookrunners for the Regulation S deal, which was sold from DBS’ Bayfront Covered Bonds Pte. Ltd.program.
DBS bank is a Singapore-based financial services group.
| Issuer: | DBS Bank Ltd.
|
| Amount: | €750 million
|
| Maturity: | Jan. 23, 2024
|
| Description: | Covered bonds
|
| Bookrunners: | JPMorgan, DBS, Deutsche Bank, Societe Generale CIB, UniCredit
|
| Coupon: | 3/8%
|
| Price: | 99.34
|
| Trade date: | Jan. 16
|
| Settlement date: | Jan. 23
|
| Distribution: | Regulation S
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
