NEW DEAL: Frasers Centrepoint US$ 5Y Bond, IPT +190bp Area

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NEW DEAL: Frasers Centrepoint $Bench 5Y Bond, IPT +190bp Area (~2.93% YTM)

May price today.
Issuer: FCL Treasury Pte. Ltd.
Guarantor: Frasers Centrepoint Ltd.
Unrated, Reg S
Bookrunner/lead manager: OCBC

Some relevant comps :
SWIRE PROPERTIES 4.375 06/22 (A2/A-) : 2.29% mid (Z+121)
HONG KONG LAND 4.50 06/22 (A2/A) : 2.31% mid (Z+124)
CAPITALAND 4.076 09/22 (Unrated): 2.77% mid (Z+169)

Category : Bond Markets, Market
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