FCL's Thai unit prices 2.5b baht of 7-year debentures at 2.94% under new programme
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
FRASERS Centrepoint's Thailand subsidiary has priced the first 2.5 billion baht of a 25 billion baht debenture programme.
The new debentures bear a coupon of 2.94 per cent and mature in 2024.
Proceeds will be used to repay existing debt, investment, financing working capital or any combination of the three.
Frasers Centrepoint, a property developer, said on Nov 23 that the debentures had been rated "AA-" with a stable outlook by TRIS Rating Co.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
