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.

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