Please note that this message is only for customers who have purchased the following Credit Linked Notes with us.
Callable Credit Linked Notes Series 34-37, 43-46, 55-58, 59-62, 63-66, 67-70, 71-74 and 78-81 (the “Notes”) issued by Constellation Investment Ltd. – regarding the Credit Event in respect of Lehman Brothers Holdings Inc.
We would like to give you an update. We understand your anxiety and we would like to assure you that we will act as expeditiously as possible to handle your Notes redemption with the Issuer. DBS Bank Ltd. has appointed an independent institution, international accounting firm KPMG, to ensure a fair and transparent valuation process of the credit event redemption amounts for customers. As the facts pertaining to each case are unique, in the specific case when mis-selling by DBS ( Hong Kong) Limited (the “Bank”) is proven, our Bank will take responsibility.
We will inform you at our earliest possible time once we receive the notice on the credit event redemption amount from the Issuer. As you may understand that this is an unusual period that we may need time to deal with the situation, we would appreciate your patience and understanding to allow us to follow through each and every case for our customers.
Meanwhile, should you have any further enquiries, please call our Investor Care Centre Hotline on (852) 2290 8123. The hotline service hours are 9:00 a.m. – 6:00 p.m. from Monday to Friday and 9:00 a.m. – 1:00 p.m. on Saturday in Hong Kong time.
The below information is intended only for holders of Constellation Callable Credit Linked Notes Series 3-4 to which the information relates. The below information should not be treated as legal or financial advice. No one reading the information is entitled to rely on any such information as legal and financial advice. Investors should seek independent professional advice with respect to their own positions.