IFLR1000

Universal Terminal S$1.76 billion financing

21/1/2016
Financing
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S$ 1.76 billion

Completed

21/1/2016

Overview:

  • Universal Terminal has received S$1.76 billion in financing from a consortium of banks.
  • The financing was partially for the transfer by Universal Terminal of its petroleum storage terminal business to Universal Terminal Singapore Services.
  • Lenders of the deal were Bank of China, DBS Bank, HSBC and Standard Chartered Bank. 

Katrin Kostadinova - Data analyst

Jurisdiction:

Singapore

Deal type:

Financing

Practice area:

Banking

Governing law:

Singapore

Industry sector:

Oil and gas

Firm:
Allen & Gledhill

Party: Universal Terminal (Borrower)

Lawyer: Chee Wai Kok

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