S$916 million syndicated loan facilities to Florence Development Pte. Limited
Allen & Gledhill advised United Overseas Bank Limited (“UOB”), DBS Bank Ltd. (“DBS”), Oversea-Chinese Banking Corporation Limited (“OCBC”), Hong Leong Finance Limited (“HLF”) and Malayan Banking Berhad, Singapore Branch (“Maybank”) on the S$916 million syndicated loan facilities to Florence Development Pte. Limited.
The proceeds of the facility were used to finance the collective purchase and redevelopment of a residential estate known as “Florence Regency”, Singapore.
Advising UOB, DBS, OCBC, HLF and Maybank were Allen & Gledhill Partners Lyn Wee, Serena Choo and Aloysius Ng.
