Singapore-based Frasers eyes more Thai baht-denominated debentures

By Marisa Wong

Morgantown, W.Va., Feb. 6 – Frasers Property Ltd. announced that subsidiary Frasers Property Holdings (Thailand) Co., Ltd. plans to issue more debentures under its 25 billion baht debenture program launched in November.

The company had sold an initial tranche in December.

The debentures will be guaranteed by the parent company.

Frasers Property is a subsidiary of Frasers and Neave, Ltd., which is a residential property developer and retail mall owner and operator in Singapore.

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