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FLCT raises $150 mil in maiden sustainability notes

Felicia Tan
Felicia Tan7/16/2021 8:39 AM GMT+08  • 2 min read
FLCT raises $150 mil in maiden sustainability notes
The notes were issued under a newly established sustainable finance framework.
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The manager of Frasers Logistics & Commercial Trust (FLCT) has, on July 15, issued $150 million worth of sustainability notes due July 26, 2028.

The notes were issued and guaranteed by FLCT Treasury, as trustee of the REIT.

The notes were issued under a newly established sustainable finance framework, and were the first-ever sustainability notes to be priced in the SGD bond market.

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