Oxley Holdings Ltd. (SG:5UX) has released an update.
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Oxley Holdings Ltd.’s subsidiary, Oxley MTN Pte. Ltd., has initiated an invitation to exchange all outstanding S$195,000,000 6.90% notes due in 2024 for new fixed rate notes due in 2025. The exchange is subject to terms and conditions outlined in their latest Exchange Offer Memorandum. This strategic move comes as major note holders express interest in extending their investment with the Group beyond the upcoming redemption date.
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