DBS re-prices credit curve with a floater

Singapore lender DBS Group Holdings on June 1 raised US$750 million through a three-year floating rate note (FRN) in a tightly-priced funding exercise. The Reg S/144A transaction was priced at par with a spread of 49bp over three-month Libor, which was in ... ( read original story ...)

DBS suspends coverage of Noble Group

Singapore bank says recent events make it difficult to anticipate potential outcomes for company. Singapore’s DBS Bank has suspended its coverage of struggling dry bulk charterer Noble Group in the wake of downgrades by the three major ratings agencies. ( read original story ...)

Many firsts for HSBC’s S$1bn CoCo perp

HSBC Holdings stormed into the Singapore dollar bank capital market on Thursday with a S$1bn ($722m) additional tier one that notched up a number of firsts, as the issuer took advantage of the liquidity and stability of the currency. By Rashmi Kumar 08:45 ... ( read original story ...)

Singapore defense talks focus on online terror fight

Officials from the United Kingdom, Australia, New Zealand, Malaysia and Singapore held a joint news conference after meeting in the city-state. The countries are part of the Five Power Defense Arrangements, which was put in place in 1971 for the joint ... ( read original story ...)

Singapore defence talks focus on online terror fight

Officials from the United Kingdom, Australia, New Zealand, Malaysia and Singapore held a joint news conference after meeting in the city-state. The countries are part of the Five Power Defence Arrangements, which was put in place in 1971 for the joint ... ( read original story ...)