On 6 March, DBS Group Holdings (DBS) (AA-/Aa2) revealed plans to hold a series of investor conference calls regarding a possible inaugural 10-year non-call five year tier-two Kangaroo deal. Indicative price guidance on the transaction is 160-165 basis points area over swap benchmarks. The notes are expected to be rated A3/A+ by Moody’s Investors Service and Fitch Ratings.
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