DBS Bank Ltd.'s Subordinated Notes Under Its US$15 Billion Global Medium-Term Notes Program Assigned 'A+' Rating - S&P Global Ratings’ Credit Research

DBS Bank Ltd.'s Subordinated Notes Under Its US$15 Billion Global Medium-Term Notes Program Assigned 'A+' Rating

DBS Bank Ltd.'s Subordinated Notes Under Its US$15 Billion Global Medium-Term Notes Program Assigned 'A+' Rating - S&P Global Ratings’ Credit Research
DBS Bank Ltd.'s Subordinated Notes Under Its US$15 Billion Global Medium-Term Notes Program Assigned 'A+' Rating
Published Oct 11, 2011
Published Oct 11, 2011
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

HONG KONG (Standard&Poor's) Oct. 12, 2011--Standard&Poor's Ratings Services today assigned its 'A+' issue rating to the issue of subordinated notes by DBS Bank Ltd. (AA-/Stable/A-1+; axAAA/axA-1+) under the bank's global medium-term notes program. DBS has also increased the size of the program to US$15 billion from US$10 billion. The subordinated notes will constitute direct, unsecured, and subordinated obligations of the bank. RELATED CRITERIA AND RESEARCH Standard&Poor's Financial Institutions Ratings Criteria, June 2, 2011 Methodology For Rating Bank Nondeferrable Subordinated Debt (Lower Tier 2) Regulatory Capital, Aug. 4, 2009 Standard&Poor's Approach To Rating Bank Securities, March 19, 2004

  
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
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "DBS Bank Ltd.'s Subordinated Notes Under Its US$15 Billion Global Medium-Term Notes Program Assigned 'A+' Rating" Oct 11, 2011. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/DBS-Bank-Ltd-s-Subordinated-Notes-Under-Its-US-15-Billion-Global-Medium-Term-Notes-Program-Assigned-A-Rating-898640>
  
APA:
S&P Global Ratings’ Credit Research. (). DBS Bank Ltd.'s Subordinated Notes Under Its US$15 Billion Global Medium-Term Notes Program Assigned 'A+' Rating Oct 11, 2011. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/DBS-Bank-Ltd-s-Subordinated-Notes-Under-Its-US-15-Billion-Global-Medium-Term-Notes-Program-Assigned-A-Rating-898640>
  
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