By Marisa Wong
Madison, Wis., Sept. 23 - Oxley Holdings Ltd. announced that it issued S$135 million of series 3 fixed-rate notes due 2015 on Monday.
The notes carry a fixed coupon of 4¾%.
The fixed-rate notes were issued under the company's S$500 million multicurrency medium-term note program. The program was established with a S$300 million maximum issue size on May 6 and was upsized to S$500 million on Sept. 6.
The company issued S$150 million of series 1 notes due 2017 on May 16, an initial S$100 million of series 2 notes due 2018 on July 11 and another S$25 million of series 2 notes on July 25.
DBS Bank Ltd. acted as dealer for the series 3 notes.
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.
Issuer: | Oxley Holdings Ltd.
|
Issue: | Fixed-rate notes, series 3
|
Amount: | S$135 million
|
Maturity: | Sept. 23, 2015
|
Coupon: | 4¾%
|
Dealer: | DBS Bank Ltd.
|
Settlement date: | Sept. 23
|
© 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.