S$530 million term loan facilities to Digitalland SG IV Pte. Ltd.
Allen & Gledhill, as transaction counsel, advised DBS Bank Ltd. (“DBS”), Oversea-Chinese Banking Corporation Limited (“OCBC”) and United Overseas Bank Limited (“UOB”) on the S$530 million term loan facilities (“Facilities”) to Digitalland SG IV Pte. Ltd. (sponsored by DayOne Data Centers Limited).
The Facilities are aligned with the Green Loan Principles and will be used to finance the acquisition and development of a new 20MW data centre at Jalan Buroh, Singapore.
Advising DBS, OCBC, and UOB were Allen & Gledhill Partners Lim Wei Ting, Ernest Teo and Counsel Adon Tan.
