Frasers Property to redeem $600 mil perpetual securities under $5 bil multicurrency debt issuance programme

Frasers Property will be redeeming $600 million fixed rate subordinated perpetual securities on April 11, which is the first call date.

The group will redeem $250,000 for every $250,000 in nominal amount of the perpetual securities together with any distributions including arrears on April 11.