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The latest update is out from Frasers Logistics & Commercial Trust ( (SG:BUOU) ).
Frasers Logistics & Commercial Trust has announced the pricing of S$100 million in notes due 2034, under its S$1 billion Multicurrency Debt Issuance Programme. The proceeds from these notes, which are rated ‘BBB+’ by Fitch Ratings, will be used for refinancing existing borrowings, financing acquisitions, and general corporate purposes, potentially impacting the company’s financial flexibility and growth strategy.
The most recent analyst rating on (SG:BUOU) stock is a Buy with a S$1.11 price target. To see the full list of analyst forecasts on Frasers Logistics & Commercial Trust stock, see the SG:BUOU Stock Forecast page.
More about Frasers Logistics & Commercial Trust
Frasers Logistics & Commercial Trust (FLCT) is a real estate investment trust based in Singapore, focusing on logistics and commercial properties. It operates under the management of Frasers Logistics & Commercial Asset Management Pte. Ltd., with a market focus on real estate investments and asset management.
YTD Price Performance: 4.36%
Average Trading Volume: 12,382,861
Technical Sentiment Signal: Hold
Current Market Cap: S$3.34B
For a thorough assessment of BUOU stock, go to TipRanks’ Stock Analysis page.