Published on 3/3/2021 in the Prospect News Emerging Markets Daily.
New Issue: DBS Group issues RMB 1.6 billion 3.7% subordinated notes due 2031
By Taylor Fox
New York, March 3 – DBS Group Holdings Ltd. issued RMB 1.6 billion 3.7% subordinated notes due 2031, according to a notice.
Bank of New York Mellon, London Branch is the principal paying agent for the notes and DBS Bank Ltd. and HSBC Ltd. are the lead managers and bookrunners.
The financial services group is based in Singapore.
Issuer: | DBS Group Holdings Ltd.
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Description: | Subordinated notes
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Amount: | RMB 1.6 billion
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Maturity: | March 3, 2031
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Bookrunners: | DBS Bank Ltd. and HSBC Ltd
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Coupon: | 3.7%
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Issue date: | March 3
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Listing date: | March 4
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