Paul Hastings, a leading global law firm, announced today that it represented Mapletree Treasury Services Limited and Mapletree Treasury Services (HKSAR) Private Limited as issuers (the “Issuers”) and Mapletree Investments Pte Ltd. as guarantor (the “Guarantor”) on the establishment of a US$3 billion guaranteed Euro Medium Term Note Programme by the Issuers (the “EMTN Programme”). The Guarantor is a leading Asia-focused real estate developer and capital management company headquartered in Singapore with SGD19.9 billion assets under management.
Under the EMTN Programme, the Issuers may from time to time issue notes or perpetual securities denominated in any currency to be agreed between the relevant Issuer and the relevant Dealer at the time of issuance, including US dollar, HK dollar, CNH and JPY. The net proceeds from the issue of the notes or perpetual securities will be used by the Guarantor and its subsidiaries for general corporate purposes. The amounts payable under the notes and the perpetual securities will be unconditionally and irrevocably guaranteed by the Guarantor.
Citigroup Global Markets Singapore Pte. Ltd., DBS Bank Ltd. and The Hong Kong and Shanghai Banking Corporation Limited are the lead arrangers and dealers for the EMTN Programme, and CIMB Bank Berhad, Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited are the co-arrangers and dealers for the EMTN Programme.
The Paul Hastings team was led by partner Vivian Lam, with support from associate Erika Wan.
