DBS Bank launches increase to June 2025 bond

Tuesday, 06 September 2022

Updated

Disclosure type: launch
Issuer name: DBS Bank Australia Branch
Issuer rating: AA-/Aa1/AA-
Issue rating: Aa1/AA-
Announcement date: 6 September 2022
Expected launch/pricing date: 6 September 2022
Lead managers: DBS Bank, Commonwealth Bank of Australia, National Australia Bank

Transaction type: senior-unsecured
Indicative volume: A$250 million (US$170.3 million)
Maturity date: 16 June 2025
Coupon type: FRN
Price guidance: 80bp/3m BBSW area