31.08.2016, 18:39
Fitch Rates DBSH's Perpetual Capital Securities Final 'BBB'
OREANDA-NEWS. Fitch Ratings has assigned Singapore-based DBS Group Holdings Ltd's (DBSH) USD750m 3.60% perpetual capital securities a final rating of 'BBB'. This follows the completion of the securities issue, as well as the receipt of final documents conforming to information previously received. The final rating is the same as the expected rating assigned on 29 August 2016.
The securities are intended to qualify as Additional Tier 1 capital securities of DBSH under the Basel III regime.
The securities are intended to qualify as Additional Tier 1 capital securities of DBSH under the Basel III regime.
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