Tuesday, 23 August 2016

Share Investment Update : DBS plans USD additional tier 1 capital securities offering .


SINGAPORE (Aug 23): DBS Group Holdings is planning to issue US dollar-denominated additional tier 1 capital securities, according to a mandate seen on Tuesday by The Wall Street Journal.

Southeast Asia's biggest bank has hired Citigroup, DBS Bank, Deutsche Bank, HSBC and Societe Generale as joint bookrunners to arrange a series of fixed-income investor meetings in Hong Kong and Singapore as well as conference calls starting Wednesday, the document said.

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