S$380 million term and revolving credit facilities to Empress Investments Pte. Ltd.
A&G News 8 November 2021
Allen & Gledhill, as transaction counsel, advised United Overseas Bank Limited (“UOB”) and CIMB Bank Berhad, Singapore Branch (“CIMB”), as lenders, on the S$380 million term and revolving credit facilities (“Facilities”) to Empress Investments Pte. Ltd. (a vehicle sponsored by CapitaLand Mall Asia Limited).
The Facilities will be used to finance the acquisition of a data centre campus comprising data centre buildings with a total planned gross floor area of up to 75,000 square metres located at Minhang District, Shanghai.
Advising UOB and CIMB was Allen & Gledhill Partner Lim Wei Ting.