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Prospect News home > News index > List of issuers D > Headlines for DBS Bank Ltd. > News item
Published on 4/30/2012 in the Prospect News Emerging Markets Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Singapore's DBS calls all outstanding floaters, 5.125% notes due 2017

By Marisa Wong

Madison, Wis., April 30 - DBS Bank Ltd. said it will redeem all of its outstanding series A and B notes issued in May 2007.

The series A notes are the $1.5 billion of floating-rate subordinated notes due 2017, and the series B notes are the $500 million of 5.125% subordinated notes due 2017.

Both series of notes will be redeemed on May 16 at par plus accrued interest to the redemption date.

DBS is a Singapore-based financial services group.


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