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Singapore’s Oxley announces results of tender offer for 5.7% notes
Chicago, Sept. 23 – Oxley Holdings Ltd. announced the final results of its tender offer for its S$150 million 5.7% notes due 2022 (ISIN: SG7MB0000006) issued by Oxley Mtn Pte. Ltd., according to an announcement.
Noteholders tendered S$49.75 million of the notes, and Oxley will accept all of the tendered notes for purchase.
The offer expired at midnight ET on Sept. 21.
Settlement is planned for Sept. 30.
After the cancellation of the notes, there will be S$100.25 million of the notes outstanding.
Previously announced, the company was offering to buy the notes at par plus interest to the settlement date.
Dealer managers for the offer are Credit Suisse (Singapore) Ltd. (list.piltender@credit-suisse.com, +65 6212 2000), DBS Bank Ltd. (liabilitymanagement@dbs.com, +65 6878 9821) and HSBC Ltd., Singapore Branch (hsbcdcmsg@hsbc.com.sg, +65 6658 8900).
The tender agent is Tricor Singapore Pte. Ltd. (+65 6236 3550/3555, corporateactions@sg.tricorglobal.com).
Oxley is a property developer based in Singapore.
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