Oxley seeks to raise up to $150m in new bonds offer
It has a term of 4 years and a coupon of 5.15%.
Oxley Holdings announced an offer of up to $150 million in aggregate principal amount of 4-year 5.15% bonds due 2020.
Up to $125 million will be offered to the public, while up to $25 million will be issued to institutional and other investors.
In the event of oversubscription Oxley may increase the issue size such that the maximum issue size shall not exceed $300.
DBS is the sole lead manager and bookrunner for the offer.