FPT Issues 5 Series of Debentures, Totaling ฿5bn with Coupon Rates at 2.0-3.20%

Frasers Property (Thailand) Public Company Limited (FPT) has announced that on 14 January, 2020, the company has completed the issuance of Unsubordinated and Unsecured Debentures No.1/2020, amounting to 5 billion baht, proposed to Institutional Investors and/or High Net Worth Investors.

The issuance has been approved by the Board of Directors Meeting held on 13 November, 2019, under the conditions approved by the 2019 AGM of Shareholders.

The debentures comprises with five series in total with a maturity date of 3 years, 3 years and 6 months, 5 years, 7 years and 10 years for Debentures Series 1 – 5, respectively, and a fixed coupon rate semi-annually on 14th January and 14th July each year at 2.00%, 2.10%, 2.36%, 2.85% and 3.20% per annum, respectively.