(March 21 09:50) Sbr.com.sg
Submitted By:
Arianna Danganan
Case Study:
No
The net proceeds of the five-year term loan will be used to refinance the development of its Northpoint City South Wing mall.
Frasers Property’s indirect wholly-owned subsidiary Frasers Property North Gem Trustee has clinched a green club loan worth $785m, an announcement revealed.
According to Frasers Property, the green loan was drawn from a club of four banks comprising of Oversea-Chinese Banking Corporation (OCBC), DBS Bank, Bank of China’s Singapore Branch and Sumitomo Mitsui Banking Corporation Singapore.
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