Frasers Property redeems $300m in perpetual securities
The company effected payment of the redemption price on 19 January 2026.
Frasers Property Limited announced the redemption and cancellation of $300m fixed-rate subordinated perpetual securities under its $5b multicurrency debt issuance programme.
The company effected payment of the redemption price on 19 January 2026 after it notified holders of perpetual securities, Frasers said in a bourse filing.
The redeemed securities are pursuant to their terms and conditions and are together with the distribution accrued, such as arrears and additional distribution amounts, it added.
Frasers said that it has successfully redeemed all outstanding perpetual securities, and the redeemed perpetual securities will be cancelled and delisted from the Singapore Exchange Securities Trading Limited following the payment.