By Wendy Van Sickle
Columbus, Ohio, April 12 – Oxley Holdings Ltd. said wholly owned subsidiary Oxley MTN Pte. Ltd. priced $200 million of its 6 3/8% notes due 2021 on Wednesday.
The notes fall under the company’s $1 billion guaranteed euro medium term note program established on April 7.
DBS Bank Ltd. is the arranger, and Credit Suisse (Singapore) Ltd., DBS Bank and UBS AG, Singapore Branch are the joint lead managers.
Proceeds will be used for general corporate purposes, including refinancing of borrowings, and working capital and capital expenditure requirements.
Oxley is a property developer based in Singapore.
| Issuer: | Oxley MTN Pte. Ltd.
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| Issue: | Notes
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| Amount: | $200 million
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| Maturity: | April 21, 2021
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| Joint lead managers: | DBS Bank Ltd., Credit Suisse (Singapore) Ltd. and UBS AG, Singapore Branch
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| Coupon: | 6 3/8%
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| Announcement date: | April 12
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