S$600 million term, revolving and bank guarantee facilities to DBS Trustee Limited, in its capacity as trustee of OUE Real Estate Investment Trust
Allen & Gledhill, as transaction counsel, advised Oversea-Chinese Banking Corporation Limited (“OCBC”), as mandated lead arranger, bookrunner and sustainability coordinator, on the syndicated S$600 million term, revolving and bank guarantee facilities (“Facilities”) to DBS Trustee Limited as trustee of OUE Real Estate Investment Trust (“OUE REIT”).
The Facilities are aligned with the sustainability-linked loan principles and will be used to finance OUE-REIT’s capital expenditure, working capital requirements and general corporate funding purposes.
Advising OCBC was Allen & Gledhill Partner Lim Wei Ting.
