DBS Bank relies on rarity for tight pricing on $1bn deal, bonds widen in secondary
DBS Bank raised $1bn on Tuesday, relying on its rarity in the global bond market to generate interest from investors and get better terms on the deal. The paper was targeted mostly at US investors; it is the second issuer ever from Singapore after Temasek to do so.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts