Linklaters has advised DBS Group Holdings Ltd. on the issuance of $1.25 billion in dollar-denominated bonds on the Singapore Exchange.
The bank sold one $750 million tranche of five-year notes at a fixed interest rate of 2.246 percent, and another tranche of five-year floating-rate notes worth $500 million. The money will go toward DBS’s treasury and finance activities, including intercompany loans to its subsidiaries.
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