Pricing for DBS floating, fixed rate notes

DBS Group Holdings yesterday priced its issue of US$750 million fixed-rate senior notes and US$500 million floating-rate senior notes, both due 2019.

The fixed-rate notes will bear a semi-annual fixed coupon of 2.246 per cent and the floating-rate notes a quarterly coupon of three-month US dollar Libor +0.50 per cent.

These are under DBS Bank and DBS Group Holdings' US$15 billion Global Medium-Term Note Programme, updated in March this year.