Baker McKenzie acted on the issue of A$750 million Floating Rate Subordinated Notes due 2028 by DBS Group Holdings
Baker McKenzie acted on the issue of A$750 million Floating Rate Subordinated Notes due 2028 by DBS Group Holdings under DBS's USD$30 billion Global Medium Term Note Programme.
Baker McKenzie partner on the transaction, Duncan McGrath stated: "This was DBS's first issue of regulatory capital notes into the Australian market. We were delighted to act for the Joint Lead Managers on such a unique transaction."
Application will be made to the Singapore Exchange Securities Trading Limited for the listing of the Notes on the Singapore Exchange.