19 Apr 2022
Establishment of S$500 million secured medium term note programme and issuance of S$145 million sustainability-linked notes
Partners Lee Xin Mei and Eugene Lee from Rajah & Tann Singapore advised Lion City Rentals Pte. Ltd. and M&T Investments Pte. Ltd. in the establishment of a S$500 million secured medium term note programme and the issuance of two series of sustainability-linked notes (the “Notes”). This is the first auto asset-backed securitisation in Singapore and the Notes are the first sustainability-linked asset-backed securities in Singapore.