General Announcement::Moody's assigns definitive Baa2 to Frasers Hospitality Trust

Issuer & Securities

Issuer/ Manager
FRASERS HOSPITALITY ASSET MANAGEMENT PTE. LTD.
Securities
FRASERS HOSPITALITY TRUST - SG1AA5000001 - ACV

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
15-Jul-2014 19:38:21
Status
New
Announcement Sub Title
Moody's assigns definitive Baa2 to Frasers Hospitality Trust
Announcement Reference
SG140715OTHRCIUY
Submitted By (Co./ Ind. Name)
Piya Treruangrachada
Designation
Company Secretary, Frasers Hospitality Asset Mgmt Pte Ltd & Frasers Hospitality Trust Mgmt Pte Ltd
Description (Please provide a detailed description of the event in the box below)
Frasers Hospitality Asset Management Pte. Ltd., as manager of Frasers Hospitality Real Estate Investment Trust ("FH-REIT") and Frasers Hospitality Trust Management Pte. Ltd., as trustee-manager of Frasers Hospitality Business Trust ("FH-BT"), would like to announce that Moody's has assigned a definitive issuer rating of Baa2 with a stable outlook to Frasers Hospitality Trust ("FHT", comprising FH-REIT and FH-BT) following FHT's successful listing on the Main Board of Singapore Exchange Securities Trading Limited on 14 July 2014.

Moody's definitive rating to FHT confirms the provisional rating assigned on 24 June 2014.

A press release by Moody's dated 14 July 2014 is attached for information.

DBS Bank Ltd. is the Sole Global Coordinator and Issue Manager for the initial public offer of stapled securities in FHT (the Offering ). DBS Bank Ltd., Morgan Stanley Asia (Singapore) Pte., Standard Chartered Securities (Singapore) Pte. Limited and United Overseas Bank Limited are the Joint Bookrunners and Underwriters for the Offering.

Attachments

Moodys_assigns_definitive_Baa2_to_FHT-150714.pdf
Total size =111K