General Announcement::DBS and Temasek to jointly establish growth debt financing platform

Issuer & Securities

Issuer/ Manager
DBS GROUP HOLDINGS LTD
Securities
DBS GROUP HOLDINGS LTD - SG1L01001701 - D05
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
30-Jul-2021 12:04:44
Status
New
Announcement Sub Title
DBS and Temasek to jointly establish growth debt financing platform
Announcement Reference
SG210730OTHR4OF0
Submitted By (Co./ Ind. Name)
TEOH CHIA-YIN
Designation
GROUP SECRETARY
Description (Please provide a detailed description of the event in the box below)
DBS and Temasek have entered into an agreement to jointly launch a US$500 million growth stage debt financing platform, called EvolutionX Debt Capital ("EvolutionX"). Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies across Asia, with a focus on China, India, and Southeast Asia. Please see attached for more details.

Attachments

DBS Temasek_Asian Growth Debt Platform_English_30Jul2021.pdf
Total size =143K