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Published on 4/20/2016 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Singapore’s Oxley buys back S$30.75 million of 4¾%, 5.1%, 5.15% notes

By Marisa Wong

Morgantown, W.Va., April 20 – Oxley Holdings Ltd. repurchased some of its notes from three series. The notes were repurchased in the open market and cancelled on Wednesday, according to company announcements.

Oxley bought back S$29.5 million of its 4¾% notes due 2018, S$750,000 of its 5.1% notes due 2016 and S$500,000 of its 5.15% notes due 2016.

After cancellation of the repurchased notes, there are S$95.5 million of the 4¾% notes, S$149.25 million of the 5.1% notes due 2016 and S$74.5 million of the 5.15% notes outstanding.

Oxley is a property developer based in Singapore.


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