DBS taking indications of interest for 10.5NC5.5 tier-two Kangaroo

On 29 September, DBS Group Holdings (Aa2/AA-) began taking indications of interest for a potential 10.5-year non-call 5.5-year (10.5NC5.5), tier-two, Kangaroo transaction. The deal is being marketed at 195 basis points area over swap benchmarks and an investor call will take place on the same day.