Establishment of S$1 billion debt issuance programme by NetLink Treasury Pte. Ltd.

A&G News 17 August 2020

Allen & Gledhill advised DBS Bank Ltd. (“DBS”) and Oversea-Chinese Banking Corporation Limited (“OCBC”), on the establishment of a S$1 billion multicurrency debt issuance programme (“Programme”) by NetLink Treasury Pte. Ltd..

DBS and OCBC were appointed arrangers and dealers of the Programme.

DB International Trust (Singapore) Limited (“DB International Trust”) was appointed trustee of the Programme.

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

Deutsche Bank Aktiengesellschaft, acting through its branch in Hong Kong (“DB Aktiengesellschaft”) was appointed non-CDP paying agent and non-CDP registrar.

Advising DBS and OCBC was Allen & Gledhill Partner Margaret Chin.

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

Advising DB International Trust, DB Singapore and DB Aktiengesellschaft was Allen & Gledhill Partner Daselin Ang.