Frasers Centrepoint Asset Management (Commercial) Ltd, the manager of Frasers Commercial Trust announced that FCOT, through its subsidiary FCOT Treasury Pte. Ltd. has successfully priced its maiden issuance of SGD 100.0 million five-year senior unsecured notes under its SGD 1.0 billion Multicurrency Medium Term Note Programe at a fixed interest rate of 2.835% per annum. The Notes, due in 2021, was placed with both institutional and private investors. The Notes will be issued by FCOT Treasury on August 11, 2016 and guaranteed by FCOT. The Series 001 Notes may be redeemed at the option of the Issuer in whole or in part on any interest payment date prior to the Maturity Date at the make-whole amount (to be described in the pricing supplement for the Series 001 Notes) together with interest accrued to (but excluding) the date fixed for redemption. The Issuer will lend the proceeds arising from the issue of the Series 001 Notes (after deducting issue expenses) to the FCOT Trustee. The FCOT Trustee will use the proceeds to refinance existing borrowings of FCOT.