DBS Bank Ltd

16 Jun 2006

Rating: A3/A/A+
Amount: $900m
Maturity: 15 July 2021
Call: 15 July 2016
Issue/re-offer price: 100.00
Spread at reoffer: Three month Libor plus 61bp
Payment date: 16 June
Bookrunner: Morgan Stanley

Market appraisal:
"...there is no way Morgan Stanley is the only bank trading a $900m deal. I guarantee brokers and competitors will be making markets in this, ...

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