Frasers Hospitality Trust (SG:ACV) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Frasers Hospitality Trust has successfully maintained its credit ratings for the RM502.48 million Medium Term Notes Series 2024-A, with Class A Senior MTNs at a strong AAA stability, and more junior tranches also holding stable outlooks. The affirmed ratings, conducted by RAM Ratings, aid in the refinancing of maturing notes and underscore the trust’s financial steadiness. This move is part of the trust’s strategic financial management to ensure sustained growth and investor confidence.
For further insights into SG:ACV stock, check out TipRanks’ Stock Analysis page.