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Oxley raises $100m in 6th bond sale this year

It has raised $600m from debt market this year amid overseas expansion

Published Wed, Nov 27, 2013 · 10:00 PM

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OXLEY Holdings has sold $100 million of three-year bonds, its sixth debt issuance this year.

The bonds were priced at 5.10 per cent, and orders were in excess of $120 million, DBS Bank said yesterday. DBS was the sole arranger of the issue.

Private bank clients made up 98 per cent of investors while 99 per cent of the bonds were sold in Singapore.

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