Watson, Farley & Williams Asia Practice Advises Armada D1 Pte Ltd on Bridge Loan Facility of US$100m

The Singapore office of Watson, Farley & Williams LLP (“WFW”) is pleased to announce that it advised Armada D1 Pte. Ltd. in relation to a bridge loan facility of an initial amount of US$100,000,000 made available by Bank of India, Bank of Baroda and Indian Overseas Bank, with Bank of India, Singapore Branch acting as agent for the lenders.

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Herbert Smith Advises on the Establishment of US$1.5 Billion Euro Medium Term Note Programme by Indonesia Eximbank and the First Issue of US$500 Million 3.75% Notes Issued under the Programme

Herbert Smith has recently advised The Hongkong and Shanghai Banking Corporation Limited, Mitsubishi UFJ Securities International plc and Standard Chartered Bank (together the “Joint Lead Managers”) on the establishment of a US$1.5 billion euro medium term note programme (the “Programme”) and the first issue of US$500 million 3.75% notes due 2017 issued under such Programme.

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Tags:  Herbert Smith Freehills LLP | Singapore

Clifford Chance Advises Nagarjuna Oil Corporation on Trafigura’s US$130 Million Investment into Its Refinery and Storage Facilities in India

Leading international law firm Clifford Chance has advised Nagarjuna Oil Corporation Limited (NOCL), a member of the Nagarjuna Group, on the investment of up to US$130 million by Trafigura Pte Ltd into NOCL’s oil refinery being constructed in Cuddalore, in the State of Tamil Nadu, India. In addition to Trafigura’s equity investment, Trafigura will invest a further US$120 million into the construction of on-site storage facilities and associated infrastructure required to service the oil refinery.

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Clifford Chance Advises Hong Leong Bank on Its Inaugural US$1.5 Billion EMTN Programme

Leading international law firm Clifford Chance has advised Hong Leong Bank Berhad (HLB) on the establishment of its US$1.5 billion Euro Medium Term Note (EMTN) programme and its maiden drawdown of US$300 million. This is the first EMTN programme for Hong Leong Bank and proceeds will be used for general working capital and other corporate purposes.

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Tags:  Clifford Chance LLP | Singapore