A&G News 29 July 2019

Allen & Gledhill advised DBS Bank Ltd. (“DBS”) on the establishment of a S$500 million multicurrency debt issuance programme (the “Programme”) by Thomson Medical Group Limited.

DBS was appointed arranger and dealer of the Programme.

Allen & Gledhill also advised DBS, Credit Suisse (Singapore) Ltd. (“Credit Suisse”) and Maybank Kim Eng Securities Pte. Ltd. (“Maybank”) on the issue of S$225 million 4.80 per cent. notes due 2022 (the “Issue”) under the Programme.

DBS, Credit Suisse and Maybank were appointed joint lead managers and joint bookrunners for the Issue.

Deutsche Bank AG, Singapore Branch (“DB Singapore”) was appointed principal paying agent and CDP registrar.

Deutsche Bank AG, Hong Kong Branch (“DB Hong Kong”) was appointed non-CDP paying agent and non-CDP registrar.

DB International Trust (Singapore) Limited (“DB International”) was appointed trustee of the holders of securities issued under the Programme and security trustee for the holders of the relevant notes issued under the Programme.

Advising DBS, Credit Suisse and Maybank were Allen & Gledhill Partners Margaret Chin and Fabian Tan.

Advising DB Singapore, DB Hong Kong and DB International was Allen & Gledhill Partner Daselin Ang.

Advising DBS on tax issues was Allen & Gledhill Partner Sunit Chhabra.

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