By Christine Van Dusen
Atlanta, May 5 – Singapore’s Frasers Hospitality Real Estate Investment Trust priced S$100 million perpetual notes at par to yield 4.45% on Thursday, according to a company filing and announcement.
This matched talk, set at 4.45%.
DBS Bank and OCBC Bank were the bookrunners for the Regulation S deal.
Frasers Hospitality is a luxury hotel chain.
| Issuer: | Frasers Hospitality Real Estate Investment Trust
|
| Amount: | S$100 million
|
| Maturity: | Perpetual
|
| Description: | Notes
|
| Bookrunners: | DBS Bank, OCBC Bank
|
| Coupon: | 4.45%
|
| Price: | Par
|
| Yield: | 4.45%
|
| Call options: | Make-whole call on May 12, 2021
|
| Trade date: | May 5
|
| Distribution: | Regulation S
|
| Price talk: | 4.45%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
