Oxley to issue up to S$125m in 4-year bonds
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Moderna beats quarterly estimates as cost-cutting pares losses
Weight-loss drugmaker Novo Nordisk's profits soar further
Hugo Boss profit tops expectations, but China lags
DBS customers unable to login to Digibank, PayLah! on Thursday
If inflation continues to build, the Fed won’t be able to maintain neutral stance for long
Asia markets mixed after Fed leaves rates unchanged; STI rises 0.1%