This would be the first offshore issue of this kind from a Singapore issuer.
Reuters reported that DBS Group Holdings, rated Aa2/AA- (Moody’s/Fitch), has hired banks for a potential offering of US dollar Green bonds, which would be the first offshore issue of this kind from a Singapore issuer.
The bank plans to sell 144A/Reg S five-year fixed and/or floating-rate senior unsecured Green benchmark bonds off its global medium-term note programme.
DBS Bank is sole global coordinator as well as joint bookrunner with Credit Agricole, HSBC, ING, Natixis, Societe Generale and Wells Fargo Securities.
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