OHLSP 5.150% 18May2020 Corp (SGD)

Bond Factsheet

Matured/ Called

Oxley MTN Pte. Ltd.

Indicative

Full Lot

Bid Price

100.130

Change in Bid Price

remove 2.170

Bid Yield (%)

Change in Bid Yield

Ask Price

100.130

Change in Ask Price

remove 2.670

Ask Yield (%)

Change in Ask Yield

Indicative price as of 18 May 2020, 12:00am

chevron_leftchevron_right

Bond Information

Oxley MTN Pte. Ltd. operates as a property development company. The Company develops and invests in commercial and residential properties. Oxley MTN serves customers worldwide.

Bond Issuer

Oxley MTN Pte. Ltd.

Guarantor

Oxley Holdings Ltd

Announcement Date

10 May 2016

Issue Date

18 May 2016

Maturity Date

18 May 2020

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

5.150

Coupon Type

Fixed

Annual Coupon Rate

5.150

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

SG31B3000006

CUSIP

LW0601168

Bond Currency

SGD

Total Issue Size

Outstanding Issue Size

150,000,000

Min. Investment Quantity (Nominal)

SGD 1,000

Incremental Quantity (Nominal)

SGD 1,000

Bond Type

High Yield Corporate

Bond Sector

Financials

Bond Sub Sector

Real Estate Management and Development

Issuer Credit Rating (S&P/ Fitch)

***/ N.R

Bond Credit Rating (S&P/ Fitch)

***/ N.R

Shariah Compliant

Exchange Listed

SGX

Bond Feature(s)

Change Control Put

Redemption at the Option of the Bondholders upon Change of Shareholding Event If, for any reason, a Change of Shareholding Event occurs, the Issuer will within seven days of such occurrence give notice to the Bondholders of the occurrence of such event (the "Notice") and shall, at the option of the holder of any Bond, redeem such Bond at its principal amount , together with interest accrued to (but excluding) the date fixed for redemption, on the date falling 60 days from the date of the Notice (or if such date is not a business day, on the next day which is a business day). To exercise such option, the Bondholder must deposit the Certificate representing such Bond(s) with the Registrar at its specified office, together with a duly completed option exercise notice in the form obtainable from the Paying Agent, the Registrar or the Issuer (as applicable), no later than 15 days from the date of the Notice. Any Bond so deposited may not be withdrawn (except as provided in the Agency Agreement) without the prior consent of the Issuer.

For the purposes of this Condition 4(c):

(i) a "Change of Shareholding Event" occurs when Mr Ching Chiat Kwong and Mr Low See Ching and their respective Immediate Family Members cease to own in aggregate (whether directly or indirectly) at least 35 per cent. of the issued share capital of the Guarantor; and

(ii) "Immediate Family Members" means father, mother, sibling(s), wife, son(s) and daughter(s).

Cessation Put

In the event that (i) the shares of the Guarantor cease to be traded on the SGX-ST (as defined in the Trust Deed) or (ii) trading in the shares of the Guarantor on the SGX-ST is suspended for a continuous period of more than seven days (other than by reason of holiday, statutory or otherwise), the Issuer shall, at the option of the holder of any Bond, redeem such Bond at its principal amount together with interest accrued to (but excluding) the date fixed for redemption on any date on which interest is due to be paid on such Bonds or, if earlier, the date falling 45 days after (in the case of (i)) the date of cessation of trading or (in the case of (ii)) the business day immediately following the expiry of such continuous period of seven days (in either case, the "Effective Date"). The Issuer shall within seven days after the Effective Date, give notice to the Trustee, the Paying Agent and the Bondholders of the occurrence of the event specified in this Condition 4(b) (provided that any failure by the Issuer to give such notice shall not prejudice any Bondholder of such option). To exercise such option, the Bondholder must deposit the Certificate representing such Bond(s) with the Registrar at its specified office, together with a duly completed option exercise notice in the form obtainable from the Paying Agent, the Registrar or the Issuer (as applicable) not later than 21 days after the Effective Date. Any Certificate so deposited may not be withdrawn (except as provided in the Agency Agreement) without the prior consent of the Issuer.

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.