Full pricing details for DBS’s A$300 million tier-two Kangaroo

Issuer: DBS Group Holdings
Issuer rating: Aa2/AA-
Issue rating: A2/A
Pricing date: 30 September 2020
Settlement date: 8 October 2020
First call date: 8 April 2026
Maturity date: 8 April 2031
Lead managers: DBS, HSBC, National Australia Bank, UBS, Westpac Institutional Bank

Volume: A$300 million (US$215.1 million)
Total outstanding in the line: A$300 million
Coupon type: FRN
Coupon rate: 3m BBSW +190bp
Issue/re-offer price: par
Margin to swap: 190bp/3m BBSW