Business
FCT to draw on additional debt financing to fund Northpoint City acquisition
The acquisition of Northpoint City’s south wing may be financed either with or without the issuance of perpetual securities, said the…
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Northpoint
Business
FCT’s private placement raises S$220 million to finance Northpoint City deal, repay debt
Frasers Centrepoint Trust (FCT) closed its upsized private placement at S$2.09 apiece, raising around S$220 million in gross proceeds with…
Business
Frasers Centrepoint Trust to buy rest of Northpoint City for S$1.17 billion
The manager of Frasers Centrepoint Trust (FCT) on Tuesday (Mar 25) announced that it has entered into unit purchase agreements with FCL…