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.

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