15 January 2024

Allen & Gledhill, as transaction counsel, advised DBS Bank Ltd. (“DBS”), Oversea-Chinese Banking Corporation Limited (“OCBC”), Sumitomo Mitsui Banking Corporation, Singapore Branch (“SMBC”), and United Overseas Bank Limited (“UOB”) on the S$1.8 billion green loan facilities (“Facilities”) to Roma Central Pte. Ltd. (“Roma Central") and Milano Central Pte. Ltd. (“Milano Central”).

Roma Central and Milano Central are joint ventures of Lendlease and the Abu Dhabi Investment Authority. The Facilities were granted to refinance each of the borrower’s existing loans, and to finance each of the borrower’s working capital and general corporate capital in relation to Paya Lebar Quarter, a mixed-use development in Singapore.

DBS, OCBC, UOB, and SMBC structured the Facilities as green loan coordinators.

Advising DBS, OCBC, UOB, and SMBC were Allen & Gledhill Partners Aloysius Ng and Lyn Wee.

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