Frasers Property to release $100m fixed rate notes at 3%

These would mature by 9 October 2028.

Frasers Property Limited announced that one of its subsidiaries, Frasers Property AHL Limited, had priced the second tranche of $100m in aggregate principal amount of 3%. 

This, in conjunction with the $200m 35 fixed rates notes issued last 23 September 2021, will form a single series. 

The Series 001, Tranche 002, as addressed by the company will be managed by Oversea-Chinese Banking Corporation Limited (OCBC).

These will be issued in denominations of $250,000 each and will mature by 9 October 2028. The interest rate will be locked at 3% per annum at a semi-annual rate. 

Net proceeds from this issue will go to financing or refinancing of qualifying projects and assets under the Eligibility Criteria for Eligible Green or Sustainable Projects in the FPA Sustainable Finance Framework.

Follow the link s for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.