![[Update] Frasers Property to offer up to $420 mil worth of five-year fixed rate green notes with coupon rate of 4.49%](https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/styles/article_detail_v2/s3/default-pic_0_39_2.jpg)
The proposed offer includes a placement to institutional investors and relevant persons, as well as a public offer tranche that will be open to retail investors in Singapore.
Frasers Property is proposing to offer up to $375 million of five-year fixed rate green notes under its $5 billion multicurrency debt issuance programme. The offer comes with an upsize option of up to $650 million.
The notes, which are intended to be listed on the Mainboard of the SGX-ST, will be issued by the group’s wholly-owned subsidiary, Frasers Property Treasury and guaranteed by Frasers Property.
