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Fraser and Neave settles repurchase of S$100 million 2.8% notes
By Mary-Katherine Stinson
Lexington, Ky., May 9 – Fraser and Neave Ltd. announced that F&N Treasury Pte. Ltd. settled the partial repurchase of S$100 million of its 2.8% series 15 notes due 2022 (ISIN: SG7FG8000001) on May 9, according to a notice on Monday.
The notes were issued by F&N Treasury through the S$2 billion multicurrency debt issuance program of Fraser and Neave Ltd. and F&N Treasury Pte. Ltd. They were guaranteed by Fraser and Neave Ltd.
The repurchased notes will be canceled.
Following the cancellation, S$100 million series 15 notes will be outstanding.
Fraser and Neave is a beverage conglomerate based in Singapore.
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