Oxley to issue up to S$125m in 4-year bonds
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
OXLEY Holdings Limited said on Monday that it will issue an offer of up to S$125 million of four-year 5 per cent bonds due 2019.
These bonds will be issued by the group's wholly owned unit Oxley MTN Pte Ltd and unconditionally guaranteed by the group.
The offer will comprise up to S$100 million of bonds at the issue price of 100 per cent to the public in Singapore and an offer of up to S$25 million of bonds at the issue price of 100 per cent to institutional and other investors.
DBS Bank is the sole lead manager and bookrunner for the offer.
The Singapore Exchange had on Oct 23 granted its in-principle approval for the listing and quotation of the bonds on the mainboard, subject to certain conditions.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
