DBS to redeem 3.1% $1b bonds
The notes are initially due 2023.
DBS will redeem its 3.1$ $1b bonds that are initially due 2023 on 18 February 2018.
According to an announcement, the redemption price for the notes will be $250,000 per calculation amount, together with any unpaid interest accrued.
The notes will then be cancelled and delisted from the Singapore Exchange Securities Trading Limited (SGX-ST).