Frasers Hospitality Trust (SG:ACV) has released an update.
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Frasers Hospitality Trust has successfully maintained its credit ratings for the RM502.48 million Medium Term Notes Series 2024-A, with Class A Senior MTNs at a strong AAA stability, and more junior tranches also holding stable outlooks. The affirmed ratings, conducted by RAM Ratings, aid in the refinancing of maturing notes and underscore the trust’s financial steadiness. This move is part of the trust’s strategic financial management to ensure sustained growth and investor confidence.
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