S$750 million term and revolving credit facilities to Park Mall Pte. Ltd.
Allen & Gledhill, as transaction counsel, advised DBS Bank Ltd. (“DBS”), Oversea-Chinese Banking Corporation Limited (“OCBC”), United Overseas Bank Limited (“UOB”), and Malayan Banking Berhad, Singapore Branch (“Maybank”) on the S$750 million term and revolving credit facilities (“Facilities”) to Park Mall Pte. Ltd. (“Park Mall”).
The proceeds of the Facilities will be used to refinance Park Mall’s borrowings relating to 9 Penang Road, a Grade A office building.
DBS, OCBC and UOB were appointed mandated lead arrangers of the Facilities.
DBS, OCBC, UOB, and Maybank were appointed green loan advisors of the Facilities.
Advising DBS, OCBC, UOB, and Maybank were Allen & Gledhill Partners Lim Wei Ting and Ernest Teo.
