S$621.43 million term loan facilities to Bayshore Walk Pte. Ltd.
Allen & Gledhill, as transaction counsel, advised SingHaiyi Group Pte. Ltd, Haiyi Holdings Pte. Ltd. and Chuan Capital Pte. Ltd., through their joint venture company Bayshore Walk Pte. Ltd., on the S$621.43 million term loan facilities (“Facilities”) granted by United Overseas Bank Limited, DBS Bank Ltd. and Oversea-Chinese Banking Corporation Limited.
The Facilities were used to, among others, finance the land and development costs of a residential development project on the 99-year leasehold site at Bayshore Road.
Advising SingHaiyi Group Pte. Ltd. were Allen & Gledhill Partners Aloysius Ng and Ernest Teo.
