Singapore: CNP acts in $63 million secured re-financing
Last Updated: 21 February 2012

CNP acted for a United Overseas Bank Limited in a $63 million secured re-financing of borrowings of a local corporate ("Borrower"). Securities held by the Bank include mortgage over two industrial properties, debenture, charge over contract proceeds, corporate guarantee and assignment of major contracts of the Borrower to the Bank. CNP's corporate real estate Partner, Ho Soo Lih, assisted by Associate, Michele Poczka, advised the Bank in this transaction.

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