Bloomberg News

Ascott Said to Hire DBS, OUB for Five-Year Singapore Dollar Bond

October 28, 2011

Oct. 28 (Bloomberg) -- Ascott Group Ltd., the serviced residences arm of CapitaLand Ltd., hired DBS Group Holdings Ltd and United Overseas Bank Ltd. to manage a sale of five-year Singapore-dollar denominated bonds, according to a person with direct knowledge of the sale who declined to be identified because the details are private.

To contact the reporter on this story: Tanya Angerer in Singapore at tangerer@bloomberg.net

To contact the editor responsible for this story: Beth Thomas at bthomas1@bloomberg.net


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