By Sarah Lizee
Olympia, Wash., Feb. 24 – Oxley Holdings Ltd. wholly owned subsidiary Oxley MTN Pte. Ltd. priced S$75 million 6˝% notes due Feb. 28, 2023 on Monday, according to a notice.
Credit Suisse (Singapore) Ltd. and DBS Bank Ltd. are the joint bookrunners.
The notes are being issued out of the company’s $1 billion guaranteed euro medium-term note program.
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.
|
| Issue: | Notes
|
| Amount: | S$75 million
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| Maturity: | Feb. 28, 2023
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| Joint bookrunners: | Credit Suisse (Singapore) Ltd. and DBS Bank Ltd.
|
| Coupon: | 6˝%
|
| Pricing date: | Feb. 24
|
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