By Marisa Wong
Madison, Wis., Dec. 5 - Oxley Holdings Ltd. announced it issued S$100 million of 5.1% notes on Thursday. The three-year notes were issued under the company's S$500 million multicurrency medium-term note program established on Nov. 15.
DBS Bank Ltd. acted as the dealer for the series 1 notes.
Proceeds will be used for general corporate purposes, including refinancing of existing borrowings and financing of working capital and capital expenditures requirements.
The notes are expected to be listed on the Singapore Exchange Securities Trading Ltd. on Friday.
Oxley is a lifestyle-focused property developer in Singapore.
| Issuer: | Oxley Holdings Ltd.
|
| Issue: | Medium-term notes, series 1
|
| Amount: | S$100 million
|
| Maturity: | Dec. 5, 2016
|
| Coupon: | 5.1%
|
| Dealer: | DBS Bank Ltd.
|
| Settlement date: | Dec. 5
|
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