Oxley issues $140.6m worth of 4-year notes

These notes have an interest rate of 6.375%.

Oxley Holdings announced that its wholly-owned unit Oxley MTN Pte Ltd issued US$100m ($140.6m) worth of four-year notes.

The said notes have an interest rate of 6.375% and are due in 2021. They form a single series with the US$200m notes issued on 21 April under the group's US$1b guaranteed Euro medium-term note programme.

Net proceeds from the issue of the notes are intended for general corporate purposes, for capital expenditure requirements, and for the working capital of the group and its subsidiaries.

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