The five-year green retail notes from Frasers Property have a fixed interest rate of 4.49%

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Last Updated on September 9, 2022 by Bitfinsider

On Friday, September 9, Frasers Property introduced S$420 million in five-year green notes with a fixed interest rate of 4.49 percent annually.

In a public offering, up to S$300 million will be made available to ordinary investors while up to S$120 million would be made available to institutional and other investors.

The notes will be “unconditionally and irrevocably guaranteed” by Frasers Property, according to the business, and will be issued under its wholly owned subsidiary Frasers Property Treasury’s S$5 billion multicurrency debt issuance program.

The public offer’s minimum investment is S$1,000, with additional amounts in multiples of S$1,000.

The public offer’s subscription period began on Friday at 9 am and ends on Wednesday at noon.

The offer’s joint lead managers and bookrunners are DBS Bank, OCBC Bank, and UOB. The offer’s green financing advisor is OCBC Bank.

At the ATMs of DBS Bank, POSB, OCBC Bank, and UOB, consumers can submit retail applications for the public offer. They can also be completed via the mobile banking applications or the Internet banking websites of the participating banks.

In the event that the public offering or the placement is oversubscribed, the total offer size may be raised to up to S$650 million.

If the total subscriptions exceed the number of subscriptions available, subscribers under the public offer will be subject to a balloting process.

The notes will be redeemed on September 16, 2027, unless they have already been redeemed or purchased and cancelled. Starting on March 16 of the next year, noteholders will start to receive semi-annual interest payments on March 16 and September 16.

The company claimed that these were Singapore’s first corporate green retail notes in a press release on Friday.


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Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.

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