Fraser and Neave (F&N) has issued $140 million worth of Series 17 notes due 2025.

The SGD-denominated notes come with a coupon of 3% per annum and will be drawn down under the company’s $2 billion multicurrency debt issuance programme.

The SGX-ST has already given its approval in-principle.

The notes will be listed on the SGX-ST on May 10.

<span class='see_also_inread'><b>See also: <a class='gtm_see_also_1_inread' style='text-decoration: underline;' href='/capital/fb-sector/jumbo-opens-kok-kee-wonton-noodle-stores-bedok-north-and-lazada-one-building?utm_source=website&utm_medium=article&utm_campaign=ONPAGESEO'>Jumbo opens Kok Kee Wonton Noodle stores in Bedok North and Lazada One Building</a></b></span>

Shares in F&N closed flat at $1.36 on May 9.

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