S$475 million secured green committed facilities to CL Savour Property Pte. Ltd.
Allen & Gledhill, as transaction counsel, advised DBS Bank Ltd. (“DBS”) on the S$475 million secured green committed facilities (“Facilities”) to CL Savour Property Pte. Ltd. (“CL Savour Property”), a subsidiary of CapitaLand Development.
The Facilities will be used to finance the successful tender for an industrial site at Kallang Way.
A separate team from Allen & Gledhill advised CL Savour Property on the Facilities.
Advising DBS was Allen & Gledhill Partner Kok Chee Wai.
Advising CL Savour Property was Allen & Gledhill Partner Ernest Teo.
