Published on 11/14/2022 in the Prospect News Emerging Markets Daily.
New Issue: Singapore’s DBS Bank issues HK$2.08 billion of notes in two parts
Chicago, Nov. 14 – DBS Bank Ltd., Hong Kong Branch issued two tranches of notes for a total of HK$2.08 billion, according to listing notices.
The two tranches, both maturing, Nov. 9, 2024, came in a floating-rate part and a fixed-rate part.
The tranche for HK$1.23 billion of fixed-rate notes came with a 5.4% coupon. The second tranche was for HK$850 million.
The financial services group is based in Singapore.
Issuer: | DBS Bank Ltd., Hong Kong Branch
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Amount: | HK$2,079,000,000
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Issue: | Notes
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Maturity: | Nov. 9, 2024
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Listing date: | Nov. 14
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Fixed-rate notes
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Amount: | HK$1,229,000,000
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Issue: | Notes
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Coupon: | 5.4%
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ISIN: | HK0000887932
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Floaters
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Amount: | HK$850 million
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Issue: | Floating-rate notes
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ISIN: | HK00008879773
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