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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
Amount:HK$2,079,000,000
Issue:Notes
Maturity:Nov. 9, 2024
Listing date:Nov. 14
Fixed-rate notes
Amount:HK$1,229,000,000
Issue:Notes
Coupon:5.4%
ISIN:HK0000887932
Floaters
Amount:HK$850 million
Issue:Floating-rate notes
ISIN:HK00008879773

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