OUE Commercial REIT’s S$540 Million Facilities

Allen & Gledhill advised the led arrangers.

DBS Trustee Limited, as trustee of OUE Commercial Real Estate Investment Trust, completeda S$540 million sustainability-linked term and revolving credit facilities. 

Oversea-Chinese Banking Corporation Limited (“OCBC”), CIMB Bank Berhad, Singapore Branch (“CIMB”), Qatar National Bank (Q.P.S.C.), Singapore Branch (“QNB”), The Bank of East Asia, Limited, Singapore Branch (“BEA”) and The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (“HSBC”) were appointed as mandated lead arrangers.

OCBC was appointed sustainability adviser.

OUE Commercial Real Estate Investment Trust (SGX:TS0U) is a Singapore real estate investment trust.

The Allen & Gledhill team consisted of Partner Lim Wei Ting (Picture). 

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

Law Firms: Allen & Gledhill LLP;

Clients: Bank of East Asia; CIMB Bank Berhad; HSBC; Oversea-Chinese Banking Corporation; Qatar National Bank;

Author: Sonia Carcano