S$900 million term and revolving credit facilities to 9PR Pte. Ltd. (sponsored by SingHaiyi Group Pte. Ltd and Haiyi Holdings 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$900 million term and revolving credit facilities (“Facilities”) to 9PR Pte. Ltd. (“9PR”) (sponsored by SingHaiyi Group Pte. Ltd and Haiyi Holdings Pte. Ltd.).
The Facilities are aligned with the Green Loan Principles and will be used to refinance 9PR’s borrowings relating to 9 Penang Road.
Advising DBS, OCBC, and UOB were Allen & Gledhill Partners Lim Wei Ting and Ernest Teo.