Frasers Centrepoint issues $42m fixed rate securities
It will finance its corporate funding requirements.
Frasers Centrepoint Limited (FCL) issued the second tranche of fixed rate subordinated perpetual securities for $42m.
According to an announcement, the issued securities shall form a total of $308m.
The securities are issued under the $5b Multicurrency Debt Issuance Programme.
FCL said the net proceeds from the issuance of securities will be used for corporate funding requirements.