Oxley MTN issues $88m notes at 7.25% due in 2025

The notes are set to mature on 28 July 2025.

Oxley MTN Pte. Ltd. has issued notes worth $88m with a 7.25% fixed interest rate per annum.

The notes have an aggregate principal amount of $62m, which has been adjusted following the withdrawal of a noteholder due to unmet eligibility requirements.

ALSO READ: Oxley MTN closes offer of $195m notes due 2024

The notes are payable in arrears on 28 September 2024, 28 March 2025, and on its maturity date on 28 July 2025.

Net proceeds from this issue will be used for general corporate purposes, including the refinancing of borrowings and working capital.

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