S$916 million syndicated loan facilities to Florence Development Pte. Limited

A&G News 5 October 2018

Allen & Gledhill advised United Overseas Bank Limited (“UOB”), DBS Bank Ltd. (“DBS”), Oversea-Chinese Banking Corporation Limited (“OCBC”), Hong Leong Finance Limited (“HLF”) and Malayan Banking Berhad, Singapore Branch (“Maybank”) on the S$916 million syndicated loan facilities to Florence Development Pte. Limited.

The proceeds of the facility were used to finance the collective purchase and redevelopment of a residential estate known as “Florence Regency”, Singapore.

Advising UOB, DBS, OCBC, HLF and Maybank were Allen & Gledhill Partners Lyn Wee, Serena Choo and Aloysius Ng.