Frasers Property Treasury redeems $600m 2019-issued subordinated perpetual securities.
Frasers Property's subsidiary, Frasers Property Treasury, will redeem $600 million fixed-rate subordinated perpetual securities at $250,000 per $250,000 nominal amount, including accrued distribution up to April 11. The perpetual securities were issued in 2019 under Frasers Property's $5 billion multicurrency debt program. Upon redemption, the securities will be cancelled and delisted from the Singapore Exchange.
March 11, 2024
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