S$390 million term and revolving facilities to Gerbera Land Pte Ltd and TSH Capital Pte Ltd.
Allen & Gledhill, as transaction counsel, advised DBS Bank Ltd. (“DBS”), Malayan Banking Berhad, Singapore Branch (“Maybank Singapore”), and United Overseas Bank Limited (“UOB”) on the S$390 million term and revolving facilities (“Facilities”) to Gerbera Land Pte Ltd and TSH Capital Pte Ltd.
The Facilities will be used to refinance borrowings relating to Dunearn Village.
Advising DBS, Maybank Singapore, and UOB were Allen & Gledhill Partners Lim Wei Ting, Andy Chee, and Ernest Teo.
