This is its first retail bond offering.
Frasers Centrepoint Limited’s seven-year retail bonds today started trading on the Mainboard under the stock code, “AXXZ”.
This is the first retail bond offering by the FCL group, and has a coupon rate of 3.65% per annum payable halfyearly with a seven-year tenure. Total issue size for the bond is $500 million.
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