S$535 million green loan facilities to DCW Pte. Ltd. and DCKC Pte. Ltd.
Allen & Gledhill advised DCW Pte. Ltd. (“DCW”) and DCKC Pte. Ltd. (“DCKC”) on the S$535 million green loan facilities granted by DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited and Standard Chartered Bank (Singapore) Limited to DCW and DCKC.
The loan facilities were for the purpose of refinancing borrowings and supporting the operations of two of Singtel’s data centres, DC West and DC Kim Chuan.
This is the first green loan obtained by Singtel.
Advising DCW and DCKC was Allen & Gledhill Partner Ong Kangxin.
