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Published on 2/25/2022 in the Prospect News Emerging Markets Daily.

New Issue: DBS Bank branches sell A$200 million, HK$500 million notes due 2023

By William Gullotti

Buffalo, N.Y., Feb. 25 – Two DBS Bank Ltd. branches issued notes due 2023, according to listing notices on Friday.

DBS Bank Ltd. Australia Branch issued A$200 million floating-rate notes due June 16, 2023.

At the same time, DBS Bank Ltd. Hong Kong Branch issued HK$500 million 1.35% notes due Aug. 25, 2023.

Listings for both series of notes are expected on the Singapore Exchange effective Feb. 28.

The financial services group is based in Singapore.

Issuer:DBS Bank Ltd.
Issue date:Feb. 25
Listing date:Feb. 28
Australia Branch
Issuer:DBS Bank Ltd. Australia Branch
Amount:A$200 million
Issue:Floating-rate notes
Maturity:June 16, 2023
ISIN:AU3FN0066718
Hong Kong Branch
Issuer:DBS Bank Ltd. Hong Kong Branch
Amount:HK$500 million
Issue:Notes
Maturity:Aug. 25, 2023
Coupon:1.35%
ISIN:XS2448385299

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