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DBS Bank Ltd.'s Proposed Senior Unsecured Notes Rated 'AA-'

Published Feb 21, 2012

873 words — Published Feb 21, 2012

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Abstract:

HONG KONG (Standard&Poor's) Feb. 21, 2012--Standard&Poor's Ratings Services today assigned its 'AA-' issue rating to the proposed senior unsecured notes to be issued by DBS Bank Ltd. (AA-/Stable/A-1+; axAAA/axA-1+). The issue would be a drawdown under the bank's US$15 billion global medium-term notes program. The notes constitute direct, unsecured, and unsubordinated obligations of the bank. They will be denominated in U.S. dollars. RELATED CRITERIA AND RESEARCH Banks: Rating Methodology And Assumptions, Nov. 9, 2011 Standard&Poor's Approach To Rating Bank Securities, March 19, 2004

Brief Excerpt:

RESEARCH DBS Bank Ltd.'s Proposed Senior Unsecured Notes Rated '##-' Publication date: 21-Feb-2012 Primary Credit Analyst: Terry Sham, CFA, FRM, Hong Kong (852) 2533-3590; terry_sham@standardandpoors.com Secondary Contact: Ivan Tan,...

Report Type:

Ratings Action

Ticker

1471Z@SP

Issuer

DBS Bank Ltd.

GICS

Diversified Banks (40101010)

Sector

Global Issuers, Structured Finance

Country

Singapore

Region

Latin America

Format:

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DBS Bank Ltd.'s Proposed Subordinated Notes Due 2022 Rated 'A+' – 2012/03/13 – US$ 150.00

DBS Bank Ltd. And DBS Bank (Hong Kong) Ltd. 'AA-/A-1+' Ratings Affirmed On Parent's Announced Acquisition Of Danamon – 2012/04/03 – US$ 150.00

Research Update: DBS Bank Ltd. And DBS Bank (Hong Kong) Ltd. 'AA-/A-1+' Ratings Affirmed On Parent's Announced Acquisition Of Danamon – 2012/04/03 – US$ 225.00

'AA-/A-1+' Ratings On DBS Bank Ltd.'s US$15 Billion Commercial Paper Notes Program Affirmed – 2012/06/28 – US$ 150.00

DBS Bank Ltd. – 2012/07/24 – US$ 500.00

DBS Bank Ltd.'s Proposed Subordinated Notes Due 2022 Rated 'A+' – 2012/02/13 – US$ 150.00

DBS Bank Ltd.'s US$5 Billion Commercial Paper Notes Program Assigned 'AA-/A-1+' Ratings – 2011/12/15 – US$ 150.00

Research Update: DBS Bank Ltd. And DBS Bank (Hong Kong) Ltd. 'AA-/A-1+' Ratings Affirmed On Bank Criteria Change; Hybrids Downgraded – 2011/12/01 – US$ 225.00

DBS Bank Ltd.'s Subordinated Notes Under Its US$15 Billion Global Medium-Term Notes Program Assigned 'A+' Rating – 2011/10/11 – US$ 150.00

DBS Bank Ltd.'s Proposed US$5 Billion Euro-Commercial Paper Program Assigned 'A-1+' Rating – 2011/08/01 – US$ 150.00

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MLA:	S&P Global Ratings’ Credit Research. "DBS Bank Ltd.'s Proposed Senior Unsecured Notes Rated 'AA-'" Feb 21, 2012. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/DBS-Bank-Ltd-s-Proposed-Senior-Unsecured-Notes-Rated-AA-938589>

APA:	S&P Global Ratings’ Credit Research. (). DBS Bank Ltd.'s Proposed Senior Unsecured Notes Rated 'AA-' Feb 21, 2012. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/DBS-Bank-Ltd-s-Proposed-Senior-Unsecured-Notes-Rated-AA-938589>

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