DBS prices green bonds at quarterly coupon of 3-mth US$ Libor + 0.62%

Singapore

DBS Group Holdings (DBSH) said on Wednesday that it has successfully priced the issue of US$500 million floating rate green bonds due in 2022.

The bonds, which come under its US$30 billion Global Medium Term Note Programme, will bear a quarterly coupon of three-month US$ Libor (London Interbank Offered Rate) + 0.62 per cent. They are expected to be issued on July 25.