IFLR1000

Wealthy Link S$1.8 billion financing

26/3/2018
Financing
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S$ 1.8 billion

Announced

26/3/2018

Overview:

  • Wealthy Link has taken out S$1.8 billion in new financing.
  • DBS Bank, United Overseas Bank, The Bank of Tokyo-Mitsubishi, OCBC Bank and Sumitomo Mitsui Banking Corporation have acted as lead arrangers and bookrunners.
  • Proceeds will be used to refinance existing debt and for the development of a new office building.

Katrin Kostadinova - Data analyst

Jurisdiction:

Singapore

Deal type:

Financing

Practice area:

Banking

Governing law:

Singapore

Industry sector:

Consumer goods and services

Firm:
Allen & Gledhill

Party: DBS Bank (Lead arranger, Bookrunner)

Party: United Overseas Bank (Lead arranger, Bookrunner)

Party: The Bank of Tokyo-Mitsubishi UFJ (Lead arranger, Bookrunner)

Party: OCBC (Lead arranger, Bookrunner)

Party: Sumitomo Mitsui Banking Corporation (Lead arranger, Bookrunner)

Lawyer: Wei Ting Lim

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