Boulevard View Pte. Ltd.’s S$1.8 Billion Term Loan Facilities

Allen & Gledhill advised the mandated lead arrangers and bookrunners on the deal.

DBS Bank Ltd., United Overseas Bank Limited and Sumitomo Mitsui Banking Corporation, Singapore Branch granted a S$1.8 billion term loan facility to Boulevard View Pte. Ltd. to finance its acquisition of the Marina View white site located in Singapore’s Central Business District.

The white site, intended for a mixed-used development with residential, hotel, commercial and/or serviced apartments, can yield 905 private homes, 2,000 square metres in gross floor area of commercial space and 540 hotel rooms.

DBS, UOB and SMBC were appointed mandated lead arrangers and bookrunners.

The Allen & Gledhill team was led by Lim Wei Ting (Picture). 

Involved fees earner: Lim Wei Ting – Allen & Gledhill LLP;

Law Firms: Allen & Gledhill LLP;

Clients: DBS Bank; Sumitomo Mitsui Banking Corporation, Singapore Branch; United Overseas Bank Limited Co.;

Author: Sonia Carcano