10 Jan 2014

Universal Group Holdings - S$1.15 billion loan facilities

Angela Lim from the Banking & Finance Practice acted for Universal Group Holdings Pte Ltd in a S$1.15 billion loan facilities. Universal Terminal is the largest petroleum storage terminal in Singapore and one of the largest commercial storage facilities worldwide. It occupies 56 hectares of land at the southern end of Jurong Island in Singapore and offers 2.3 million cubic metres of storage capacity and modern berthing facilities.

DBS Bank Ltd, Malayan Banking Berhad and Standard Chartered Bank were the lead arrangers in this deal.