Allen & Gledhill, as transaction counsel, advised Oversea-Chinese Banking Corporation Limited (“OCBC”) on the US$350 million term and revolving credit facilities (“Facilities”) to Full Grace Enterprises Limited (“Full Grace Enterprises”), a vehicle sponsored by CapitaLand Mall Asia Limited and CapitaLand Mall China Income Fund II.
The Facilities will be used to finance the general corporate purposes of Full Grace Enterprises and to refinance certain borrowings relating to Minhang Plaza, Shanghai.
Advising OCBC was Allen & Gledhill Partner Lim Wei Ting.