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Published on 9/30/2013 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Fraser and Neave seeks consents and waivers to amend six note series

By Susanna Moon

Chicago, Sept. 30 - Fraser and Neave, Ltd. said it is seeking consents and waivers under several series of notes for the proposed demerger of its property business.

The series of notes are as follows:

• S$150 million 3.62% notes due 2015;

• S$108.25 million 5½% notes due 2016;

• S$200 million 6% notes due 2019 issued by F&N Treasury Pte. Ltd.;

• S$50 million 2.45% notes due 2015 issued by F&N Treasury;

• S$220 million 2.48% bonds due 2016 issued by F&N Treasury; and

• S$80 million 3.15% bonds due 2018 issued by F&N Treasury.

Fraser and Neave sells soft drinks, beer, dairy products and glass containers and is based in Singapore.


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