According to Oxley Holdings , the company has received interest from its major noteholders who would like to extend their bond investment and remain invested in the company upon the impending redemption of the existing notes.
The new notes will be fungible and consolidate into the same series.
The decision to accept any and all offers to exchange is at the discretion of Oxley MTN, which is also the issuer of the notes.
Shares in Oxley closed at 9.1 cents on March 8.
