Moody's: Assigns Dah Sing Bank's proposed USD T2 subordinated notes a "Baa2(hyb)" foreign currency subordinated debt rating

On October 12, Moody's assigned a "Baa2(hyb)" foreign-currency subordinated debt rating to the proposed U.S. dollar-denominated subordinated notes to be issued by Dah Sing Bank Limited ("Dah Sing Bank"). The notes qualify as T2 capital securities and have non-viability loss absorption features.