trending Market Intelligence /marketintelligence/en/news-insights/trending/SPLVPgEL5QAJ6Iml8aDRRQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Frasers Centrepoint subsidiary completes S$42M securities issue

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Frasers Centrepoint subsidiary completes S$42M securities issue

Frasers Centrepoint Ltd.'s FCL Treasury Pte. Ltd. issued S$42 million of fixed-rate subordinated perpetual securities.

The securities were consolidated to a previous issuance of S$308 million under the same notes series, which represents the second tranche of the unit's S$5.0 billion multicurrency debt issuance program.

The Singapore Exchange Securities Trading Ltd. has granted its approval in-principle for the listing and quotation of the notes.

According to an earlier report, net proceeds will be funneled toward the company and its subsidiary's corporate requirements.

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

As of Oct. 3, US$1 was equivalent to S$1.36.