Frasers Centrepoint Ltd.'s FCL Treasury Pte. Ltd. issued S$52 million of 4.150% fixed-rate notes due 2027, which will be consolidated with the previous issuance of S$398 million to form a single series.
The notes were issued under a S$5.0 billion multicurrency debt issuance program established in January. The Singapore Exchange Securities Trading Ltd. has approved in principle the listing and quotation of the notes on the Singapore bourse, with admission scheduled April 7 at 9 a.m., local time.
Oversea-Chinese Banking Corp. Ltd. is the sole global coordinator, lead manager and book runner of the notes.
As of April 6, US$1 was equivalent to S$1.40.