Frasers Centrepoint Limited to launch debentures worth $1.03b
They will be part of its Thai Baht debenture programme.
Frasers Centrepoint Limited (FCL) plans to launch a $1.03b (THB25b) debenture programme.
According to an announcement, FCL's subsidiary Frasers Property Holdings (Thailand) Co., Ltd. will undertake the benchmark issuance of debentures.
The debentures have been assigned a credit rating of AA- with a “Stable” outlook by TRIS Rating Co., Ltd.
FCL said it will release more updates on the debentures in the future.