A&G News 16 May 2022
Allen & Gledhill, as transaction counsel, advised Sembcorp Industries Ltd. (“SCI”) on the S$1.2 billion syndicated sustainability-linked revolving credit facility granted to its wholly owned subsidiary, Sembcorp Financial Services Pte. Ltd..
This is the first and largest Singapore Overnight Rate Average-based syndicated sustainability-linked loan facility for an energy company in Southeast Asia.
Advising SCI was Allen & Gledhill Partner Aloysius Ng.