Debt - Change of Terms::USD10,000,000,000 Global Covered Bond Programme (the "Programme") - Amended and Restated Documents

Issuer & Securities

Issuer/ Manager
DBS BANK LTD.
Securities
DBS BANK AUD750M F200904 - AU3FN0037909 - 7K4B
DBS BANK AUD150M2.5%B200904 - AU3CB0246692 - 7K5B
DBS BANK EUR500M0.375%B241121 - XS1720526737 - 85NB
DBS BK EUR750M0.375%B240123 - XS1554349297 - 67NB
DBS BANK AUD750M F221025 - AU3FN0051173 - HJRB
DBS BANK USD1.25B3.3%B211127A - US23304RAB15 - QHGB
DBS BANK USD1.25B3.3%B211127R - US23304SAB97 - WKMB
Stapled Security
No

Announcement Details

Announcement Title
Debt - Change of Terms
Date &Time of Broadcast
11-Mar-2020 21:43:15
Status
New
Announcement Sub Title
USD10,000,000,000 Global Covered Bond Programme (the "Programme") - Amended and Restated Documents
Announcement Reference
SG200311OTHR2K6X
Submitted By (Co./ Ind. Name)
TEOH CHIA-YIN
Designation
GROUP SECRETARY
Description (Please provide a detailed description of the change in the box below)
DBS Bank Ltd wishes to announce that it has entered into certain amended and restated agreements dated 11 March 2020 with the Covered Bond Guarantor, the Bond Trustee and the Security Trustee, among others, to make amendments to the terms of the Programme (the "Amendments").

The objective of the Amendments is to harmonise the Programme with the covered bond programmes of other Singapore issuers. The Rating Agencies have confirmed that the Amendments do not impact the current rating of the Programme and the covered bonds.

Please see attached for more details.

Additional Details

Asset Class
Bonds/ Notes

Attachments

Bondholders_Notice.pdf
Total size =122K