£240 million term loan facility to UOL Treasury Services Pte. Ltd.
Allen & Gledhill, as transaction counsel, advised United Overseas Bank Limited (“UOB”) and Oversea-Chinese Banking Corporation (“OCBC”), on the £240 million term loan facility (“Facility”) to UOL Treasury Services Pte. Ltd. (“UOL Treasury Services”). The Facility is guaranteed by UOL Group Limited (“UOL”).
The Facility is used to refinance the existing debt of UOL Treasury Services, and for general corporate purposes of UOL Treasury Services, UOL and its subsidiaries.
UOB was appointed as agent.
Advising UOB and OCBC was Allen & Gledhill Partner Kok Chee Wai.