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S&P downgrades FCT's ratings on cash flow impact from Covid-19

Published Tue, Apr 14, 2020 · 09:50 PM
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Singapore

S&P Global Ratings has lowered Frasers Centrepoint Trust's (FCT) long-term issuer credit rating to BBB from BBB+ as it believes FCT's cash flow will be hit hard by the coronavirus pandemic, it said on Monday.

Correspondingly, S&P also lowered the rating …

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Frasers Centrepoint Trust posts 1.8% drop in H1 DPU to S$0.06022
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