Singapore's Oxley lifts multicurrency MTN program to S$500 million

By Marisa Wong

Madison, Wis., Sept. 6 - Oxley Holdings Ltd. said it increased the maximum principal amount of notes that can be issued under its multicurrency medium-term note program to S$500 million from S$300 million.

The upsizing took effect on Friday, according to a company announcement.

United Overseas Bank Ltd. is the arranger and dealer of the program.

As noted before, proceeds will be used for general corporate purposes, including refinancing existing borrowings and financing working capital and capital expenditure requirements.

Oxley is a lifestyle-focused property developer in Singapore.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.