Linklaters advises DBS Group on its US$2bn bond issuance

Linklaters advised DBS Group Holdings Ltd (DBS), the largest bank in Southeast Asia, on its US$2bn multi-series senior bond issuance.
 
The issuance includes two floating-rate bonds, raising US$1bn and US$500m with three-year and five-year tenors, respectively. Additionally, there is a three-year fixed-rate bonds raising US$500m. The bonds were issued under DBS’ US$30bn global medium-term note programme.

The Linklaters team was led by partner and Head of South and Southeast Asia Capital Markets, Amit Singh and Singapore Managing Partner Jonathan Horan, with support from managing associate Calvin Soon, and associates Alwyn Loy and Ashley Loh.

Partner and Head of South and Southeast Asia Capital Markets Amit Singh commented:

“We are grateful for the opportunity to support DBS in this landmark bond issuance, underscoring our long-standing relationship. The overwhelmingly positive reception from investors exemplifies DBS's robust and resilient market presence. Our team is proud to contribute to their strategic growth and strong market standing, drawing on our rich expertise in capital markets.”

Linklaters has an established reputation as a world leader in the field of capital market transactions, from debt and equity issuances to high yield and derivatives and structured finance. Their capital markets team in Asia has been at the forefront of ground-breaking regulatory capital, securities transactions, including equity, debt and liability management transactions and have worked on a number of “firsts” in the market. The team has prominent experience advising on many significant transactions in the region and continues to have the largest market share of Asia bond issuances, measured by both deal count and transaction volume, in representing both issuers and underwriters.