28 Dec 2017

Grant of murabahah facilities to HSBC Institutional Trust Services (Singapore) Limited

Partners Lee Weilin, supported by Partner Ho Mei Shi, have acted for CIMB Bank, Singapore Branch, on the grant of secured S$100 million (US$ 76 million) murabahah facilities to HSBC Institutional Trust Services (Singapore), as trustee of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust, to refinance existing financial indebtedness and for Shariah-compliant general investments and corporate funding purposes.