Friday, October 15, 2010

Channel NewsAsia - DBS raises S$1.7b through preference share issue - channelnewsasia.com

Channel NewsAsia - DBS raises S$1.7b through preference share issue - channelnewsasia.com

This is a new issue which will be used to redeem its earlier preference share issue. As it is callable only at 2020, I would expect the yield to be higher, comparable to a 10 year bond. Thus, once it is listed on SGX, I will analyze and consider parking my reserves in it.

No comments:

Post a Comment