US$200 million unsecured and uncommitted revolving credit facility to Manulife US REIT
A&G News 5 July 2021
Allen & Gledhill advised Manulife US Real Estate Management Pte. Ltd., in its capacity as manager of Manulife US Real Estate Investment Trust (“Manulife US REIT”, and as manager of Manulife US REIT, the “Manager”), as transaction counsel, on the US$200 million unsecured and uncommitted revolving credit facility (“Facility”) obtained by DBS Trustee Limited, in its capacity as trustee of Manulife US REIT.
The Facility will be used as bridge financing for the acquisition of properties by Manulife US REIT.
Advising the Manager were Allen & Gledhill Managing Partner Jerry Koh and Partner Jonathan Lee.