By Wendy Van Sickle
Columbus, Ohio, Jan. 24 – Oxley Holdings Ltd. said wholly owned subsidiary Oxley MTN Pte. Ltd. priced S$150 million of its 5.7% notes due 2022 on Wednesday.
The notes fall under the company’s $1 billion guaranteed euro medium term note program.
Credit Suisse (Singapore) Ltd., DBS Bank Ltd. and Oversea-Chinese Banking Corp. Ltd. are the joint bookrunners.
Proceeds will be used for general corporate purposes, including refinancing of borrowings, and working capital and capital expenditure requirements.
Oxley is a property developer based in Singapore.
| Issuer: | Oxley MTN Pte. Ltd.
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| Issue: | Notes
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| Amount: | S$150 million
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| Maturity: | Jan. 31, 2022
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| Joint bookrunners: | Credit Suisse (Singapore) Ltd., DBS Bank Ltd. and Oversea-Chinese Banking Corp. Ltd.
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| Coupon: | 5.7%
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| Pricing date: | Jan. 24
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| Settlement date: | Jan. 31
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