US$700 million term and revolving credit facilities to Diamond Two Pte. Ltd.
Allen & Gledhill, as transaction counsel, advised United Overseas Bank Limited (“UOB”) on the US$700 million term and revolving credit facilities (“Facilities”) to Diamond Two Pte. Ltd. (sponsored by CapitaLand Investment Limited and GIC (Realty) Private Limited).
The Facilities are aligned with the Green Loan Principles and will be used to refinance certain borrowings relating to the investment in Raffles City the Bund, an integrated development comprising office and retail components in Shanghai.
Advising UOB was Allen & Gledhill Partner Lim Wei Ting.