S$1.02 billion facilities to Jewel Changi Airport, Singapore

A&G News 29 July 2019

Allen & Gledhill advised DBS Bank Ltd. (“DBS”), United Overseas Bank Limited (“UOB”), Oversea-Chinese Banking Corporation Limited (“OCBC”), Sumitomo Mitsui Banking Corporation Limited, Singapore Branch (“SMBC”) and MUFG Bank, Ltd (“MUFG”), on the S$1.02 billion facilities to Jewel Changi Airport Trustee Pte. Ltd., in its capacity as trustee-manager of the Jewel Changi Airport Trust.

Jewel is an iconic mix use development in Singapore comprising entertainment, retail and aviation facilities and attractions. Its key features include the world’s tallest indoor waterfall and a distinctive dome-shaped facade designed by world renowned architect Moshe Safdie.

Advising DBS, UOB, OCBC, SMBC and MUFG was Allen & Gledhill Partner Lim Wei Ting.