S$1.8 billion term loan facilities to Wealthy Link Pte. Ltd.

A&G News 26 March 2018

Allen & Gledhill advised DBS Bank Ltd. (“DBS”), United Overseas Bank Limited (“UOB”), The Bank of Tokyo-Mitsubishi UFJ (“BTMU”), OCBC Bank (Malaysia) Berhad (“OCBC Malaysia”) and Sumitomo Mitsui Banking Corporation Singapore Branch (“SMBC”) as transaction counsel on the S$1.8 billion term loan facilities to Wealthy Link Pte. Ltd. (“Wealthy Link”).DBS, UOB, BTMU, OCBC Malaysia and SMBC were appointed mandated lead arrangers and bookrunners.

The proceeds were applied towards the refinancing of Wealthy Link’s existing indebtedness and development of a commercial office building on Central Boulevard, Singapore.

Advising DBS, UOB, BTMU, OCBC Malaysia and SMBC were Allen & Gledhill Partners Lim Wei Ting and Goh Ping Ying.