S$978 million sustainability-linked credit facilities to DBS Trustee Limited

A&G News 5 September 2022

Allen & Gledhill, as transaction counsel, advised Oversea-Chinese Banking Corporation Limited (“OCBC”), CIMB Bank Berhad, Singapore Branch (“CIMB”) and Maybank Securities Pte. Ltd. (“Maybank Securities”) on the S$978 million sustainability-linked credit facilities (“Facilities”) to DBS Trustee Limited, in its capacity as trustee of OUE Commercial Real Estate Investment Trust and OUE Hospitality Sub-Trust. 

The Facilities will be used to refinance the existing borrowings of OUE Commercial Real Estate Investment Trust and OUE Hospitality Sub-Trust.

OCBC, CIMB and Maybank Securities were appointed mandated lead arrangers.

Advising OCBC, CIMB and Maybank Securities were Allen & Gledhill Partners Lim Wei Ting and Wong Jie Ning.