Fitch Assigns BBB+ Rating with Stable Outlook to Frasers Logistics & Commercial Trust

MT Newswires

2024/11/13

Fitch Ratings has assigned Frasers Logistics & Commercial Trust (SGX:BUOU) a long-term issuer default rating of 'BBB+' with a stable outlook, according to a Tuesday filing on the Singapore Exchange.

The rating also applies to Frasers Logistics & Commercial Trust's SG$175 million unsecured unsubordinated notes due in March 2029 and SG$150 million notes due in July 2028.

These notes, issued by Frasers Logistics & Commercial Trust Treasury, are guaranteed by Perpetual (Asia) as trustee of Frasers Logistics & Commercial Trust.

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Commercial Trust (SGX:BUOU) a long-term issuer default rating of 'BBB+' with a stable outlook, according to a Tuesday filing on the Singapore Exchange.</p><p>The rating also applies to Frasers Logistics &amp; Commercial Trust's SG$175 million unsecured unsubordinated notes due in March 2029 and SG$150 million notes due in July 2028.</p><p>These notes, issued by Frasers Logistics &amp; Commercial Trust Treasury, are guaranteed by Perpetual (Asia) as trustee of Frasers Logistics &amp; Commercial Trust.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BUOU.SI","symbol_name":"星狮物流工业信托","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2483064530","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483064530","pubTimestamp":1731452993,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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