Frasers Property (SG:TQ5) has released an update.
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Frasers Property Limited, through its wholly-owned subsidiary, has announced the redemption of S$600 million worth of fixed-rate subordinated perpetual securities on April 11, 2024. The securities are part of the company’s S$5 billion multicurrency debt issuance program. Holders of the perpetual securities will receive the nominal amount along with accumulated distribution up to the redemption date.
For further insights into SG:TQ5 stock, check out TipRanks’ Stock Analysis page.
