Frasers Hospitality Trust (SG:ACV) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
RAM Ratings has assigned preliminary ratings to Frasers Hospitality Trust’s proposed RM502.48 million Medium Term Notes Series 2024-A, aiming to refinance maturing notes due in July 2024. The issuance includes AAA-rated Class A Senior MTNs and lower-rated junior tranches, with Maybank Investment Bank Berhad as the lead arranger. The move is part of a continuous strategy to manage the trust’s portfolio, specifically regarding The Westin Kuala Lumpur asset.
For further insights into SG:ACV stock, check out TipRanks’ Stock Analysis page.