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Singapore’s DBS Group to redeem $750 million 3.6% perpetual capital securities on Sept. 7
By Rebecca Melvin
Concord, N.H., July 28 – DBS Group Holdings Ltd. will redeem its $750 million 3.6% perpetual capital securities on Sept. 7, according to a notice.
The notes, which priced under the company’s $30 billion global medium-term note program, became callable in 2021 and will be redeemed at par plus accrued interest, if any, to the optional redemption date.
The financial services group is based in Singapore.
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