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Pricing for DBS floating, fixed rate notes
Net proceeds to be used for finance and treasury activities
Add BT as a preferred sourcePublished Thu, Jul 10, 2014 · 10:00 PM
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.
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