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Issue of S$200 million notes by SATS Ltd.
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Allen & Gledhill advised DBS Bank Ltd. ("DBS") and United Overseas Bank Limited ("UOB") on the issue of S$200 million in principal amount of 2.88% notes due 2025 under the S$500 million multicurrency medium term note programme by SATS Ltd..
DBS and UOB were appointed joint lead managers and joint bookrunners.
Advising DBS and UOB was Allen & Gledhill Partner Margaret Chin.
Advising DBS and OCBC on tax issues was Allen & Gledhill Partner Sunit Chhabra.