S$230 million term and revolving credit facilities to Ascendas Plaza Pte. Ltd.
Allen & Gledhill, as transaction counsel, advised CIMB Bank Berhad, Singapore Branch (“CIMB Singapore”) on the S$230 million term and revolving credit facilities (“Facilities”) to Ascendas Plaza Pte. Ltd.
The Facilities will be used to refinance borrowings relating to Ascendas Plaza, Shanghai.
Advising CIMB Singapore was Allen & Gledhill Partner Lim Wei Ting.