Establishment of US$5 billion multicurrency loan programme with inaugural series of US$950 million dual currency term and revolving credit facilities by Mapletree China Logistics Investment Trust
A&G News 26 December 2022
Allen & Gledhill, as transaction counsel, advised DBS Bank Ltd. (“DBS”), Oversea-Chinese Banking Corporation Limited (“OCBC”) and The Bank of New York Mellon, Hong Kong Branch (“BNY Mellon Hong Kong”) on the establishment of a US$5 billion multicurrency loan programme (“Programme”), and the inaugural series of US$950 million dual currency term and revolving credit facilities (“Facilities”) under the Programme, by Mapletree China Logistics Investment Trust, a fund sponsored by Mapletree Investments Pte Ltd (“Fund”).
The Facilities are to finance, among other purposes, the Fund’s acquisition and development of logistics real properties in China.
Advising DBS, OCBC and BNY Mellon Hong Kong was Allen & Gledhill Partner Lim Wei Ting.