
S$830 million term, revolving and bank guarantee facilities to OUE Allianz Bayfront LLP

Allen & Gledhill, as transaction counsel, advised DBS Bank Ltd. (“DBS”), Oversea-Chinese Banking Corporation Limited (“OCBC”), Bank of China Limited, Singapore Branch (“BOC”), and Industrial and Commercial Bank of China Limited, Singapore Branch (“ICBC”) on the S$830 million term, revolving and bank guarantee facilities (“Facilities”) to OUE Allianz Bayfront LLP.
The Facilities are aligned with the Green Loan Principles and will be used to refinance borrowings relating to OUE Bayfront.
Advising DBS, OCBC, BOC, and ICBC were Allen & Gledhill Partners Lim Wei Ting and Ernest Teo.