DBS plans US dollar Green bond debut

HONG KONG (July 17): DBS Group Holdings, rated Aa2/AA- (Moody’s/Fitch), has hired banks for a potential offering of US dollar Green bonds, which would be the first offshore issue of this kind from a Singapore issuer.

The bank plans to sell 144A/Reg S five-year fixed and/or floating-rate senior unsecured Green benchmark bonds off its global medium-term note programme.

DBS Bank is sole global coordinator as well as joint bookrunner with Credit Agricole, HSBC, ING, Natixis, Societe Generale and Wells Fargo Securities.

---

Related Stories

• Link REIT appoints Eng-Kwok Seat Moey as independent non-executive director
• Delfi to see continued margin pressure, analysts keep ‘hold’ and ‘add’ calls
• DBS blazes past $100 bil market cap, dominates banking and super big cap categories

---