Singapore
Three firms had roles on Hong Kong-based Bank of East Asia Ltd.’s establishment of a $2 billion note program. Acting through its Singapore branch, the Bank of East Asia has set up a multicurrency bond in order to raise funds for general corporate purposes. The notes will be listed on the Singapore Exchange. WongPartnership partners Hui Choon Yuen and Goh Gin Nee represented Bank of East Asia on Singapore law matters. Hong Kong firm Deacons, led by partner Kevin Tong, also advised the bank. Allen & Gledhill partners Glenn Foo and Sunit Chhabra advised arranger and dealer Oversea-Chinese Banking Corp. Ltd. Partner Magdalene Leong advised DB International Trust (Singapore) Ltd., which is the trustee for holders of the notes. [Read full story]
