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Published on 1/18/2019 in the Prospect News Emerging Markets Daily.

New Issue: Singapore’s DBS sells $100 million floating-rate notes due 2021

By Rebecca Melvin

New York, Jan. 18 – DBS Group Holdings Ltd. priced $100 million of floating-rate notes due 2021 with a par of $200,000 each, according to a company announcement.

J.P. Morgan Securities plc was lead manager and a bookrunner of the deal.

Other terms of the offering were not immediately available.

The financial services group is based in Singapore.

Issuer:DBS Group Holdings Ltd.
Issue:Floating-rate notes
Amount:$100 million
Maturity:Jan. 21, 2021
Lead manager:J.P. Morgan Securities plc
Announcement date:Jan. 18
Settlement date:Jan. 21

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