Singapore’s Oxley plans to reopen 6.9% notes due 2024

Chicago, Sept. 8 – Oxley Mtn Pte. Ltd. is reopening its issue of 6.9% notes due July 8, 2024 for the purposes of funding a tender offer, according to an announcement.

The notes are guaranteed by Oxley Holdings Ltd.

Any additional proceeds will be used for general corporate purposes.

Tendering noteholders will have priority in the allocation of the notes.

The reopened notes will be sold at par, plus interest from the issue date.

The launch and the pricing of the new notes is expected to occur on or around Sept. 23.

Settlement is currently planned for Sept. 30.

Joint bookrunners for the offer are Credit Suisse (Singapore) Ltd., DBS Bank Ltd. and HSBC Ltd., Singapore Branch.

Oxley is a property developer based 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.