OREANDA-NEWS. Singapore Exchange (SGX) today welcomed the listing of Oxley Holdings Limited’s (Oxley Holdings) four-year retail bonds with a coupon rate of 5% per annum, payable semi-annually. The bonds are issued by Oxley Holding’s wholly-owned subsidiary, Oxley MTN Pte. Ltd, and guaranteed by Oxley Holdings. They are listed on the Mainboard under the stock code, “BJFZ".

Headquartered and listed in Singapore, Oxley Holdings develops residential, commercial and industrial projects, principally in choice accessible areas. It has a diversified portfolio of projects both in Singapore and overseas, the latter across Asia, the United Kingdom and Ireland.

Ching Chiat Kwong, Executive Chairman and CEO, Oxley Holdings Limited, said, “The listing of Oxley Holdings’ maiden retail bonds on the SGX-ST marks another significant milestone for the Group. We would like to thank all our investors for their confidence and desire to be part of Oxley’s investment story, and are extremely heartened by the strong demand we have received for our first retail bonds. In addition, we are also honoured to have played a part in the development of the retail bond market in Singapore.”

Lawrence Wong, Head of Listings, SGX, said, “SGX is pleased to welcome the listing of Oxley Holdings’ four-year retail bonds, which will broaden the investment choice for our retail investors. We are encouraged by this retail issuance by a home-grown company, which complements our objective to improve retail investor access to fixed income opportunities. We look forward to more issuers offering bonds for retail participation as a diversification of their funding sources.”

The total issue size of Oxley Holdings’ four-year retail bonds is $300 million.