S$224 million term loan facilities to YTL Cement Singapore Pte Ltd
Allen & Gledhill, as transaction counsel, advised Mizuho Bank, Ltd. (“Mizuho Bank”) and RHB Bank Berhad (“RHB”) on the S$224 million term loan facilities (“Facilities”) to YTL Cement Singapore Pte Ltd.
The Facilities will be used to finance the acquisition of approximately 81.24% of the ordinary shares and the mandatory general offer for the remaining ordinary shares in NSL Ltd., a company listed on the Mainboard of Singapore Exchange Securities Trading Limited.
Advising Mizuho Bank and RHB was Allen & Gledhill Partner Aloysius Ng.