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Frasers Centrepoint unit issues S$30M of notes

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Frasers Centrepoint unit issues S$30M of notes

Frasers Centrepoint Ltd. unit FCL Treasury Pte. Ltd. issued S$30 million worth of 4.25% fixed-rate notes due 2026.

The notes, which were issued under the company's S$3.0 billion multicurrency debt issuance program, were consolidated to form a single series with the S$250 million of 4.25% notes issued in April 2016.

Oversea-Chinese Banking Corp. Ltd. is the sole global coordinator, lead manager and book runner for the offering.

As of Oct. 11, US$1 was equivalent to about S$1.36.