Up to S$300 million will be offered to retail investors, with a fixed interest rate of 4.49 per cent per annum.
โThe Frasers green bond is a senior unsecured bond. Unless previously redeemed or purchased and cancelled, the notes will be redeemed on Sep 16, 2027. They can also be done on the participating banks' Internet banking websites or their mobile banking apps. OCBC Bank is the green finance adviser for the offer. Advertisement
FRASERS Property late on Thursday (Sep 8) priced up to S$420 million of its 5-year green notes at 4.49 per cent under its S$5 billion multicurrency debt ...
Frasers Property Limited will issue its first $420m five-year corporate green retail notes at an interest rate of 4.49% per annum with semi-annual payments.
The public offer for the notes will open from 9:00 a.m. Frasers Property said it will use net proceeds from the inaugural green retail notes issuance to finance or refinance eligible green projects. The notes will be offered to both retail and institutional investors seeking green investments with fixed returns.