Ms Bernadette Tan > WongPartnership LLP > Singapore, Singapore > Lawyer Profile

WongPartnership LLP
12 MARINA BOULEVARD, LEVEL 28
MARINA BAY FINANCIAL CENTRE TOWER 3
SINGAPORE 018982
Singapore

Work Department

Banking & Finance

Position

Bernadette Tan is a Partner in the Banking & Finance Practice.

Career

She specialises in banking and finance transactions having acted for lenders and borrowers in numerous domestic and cross-border financing transactions including syndicated and club loans, green and sustainable financings, real estate, project, acquisition and privatisation, REIT and business trust financings, sale and purchase of, and participations in, credit transactions, security arrangements / documentation and onshore-offshore financings.

Work Highlights

Significant transactions that Bernadette has been involved in include advising / acting for the following:

  • United Overseas Bank Limited, Citibank N.A., Singapore Branch and The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch in the grant of term and revolving credit facilities of approximately S$1.2 billion to the relevant borrowers in connection with, inter alia, the acquisition (and privatisation) of Soilbuild Business Space REIT which was listed on the Singapore Exchange, SB (Waterview) Investment Pte. Ltd. and SB (Waterfront) Investment Pte. Ltd. by the Soilbuild Group Chairman (Lim Chap Huat) and The Blackstone Group Inc.
  • DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited and Standard Chartered Bank (Singapore) Limited as lenders and mandated lead arrangers in the S$535 million syndicated financing to Singtel’s data centre subsidiaries. This marks the first green loan obtained by Singtel.
  • ESR Funds Management (S) Limited, the manager of ESR-REIT, in the S$700 million financing granted to ESR-REIT for the acquisition of the units in Viva Industrial Trust by way of a scheme of arrangement, which won “Best Singapore Deal” in Finance Asia’s Achievement Awards 2018.
  • Marina South Investments Pte. Ltd., Ophir-Rochor Investments Pte. Ltd., MS Residential 1 Pte. Ltd., MS Residential 2 Pte. Ltd., MS Commercial Pte. Ltd., Ophir-Rochor Residential Pte. Ltd., Ophir-Rochor Commercial Pte. Ltd. and Ophir-Rochor Hotel Pte. Ltd. (which are wholly-owned subsidiaries of M+S Pte. Ltd., a joint venture company 60% owned by Khazanah Nasional Berhad and 40% owned by Temasek Holdings (Private) Limited) in the amendment and restatement of the S$5 billion loan facilities granted in 2012, for the development of Marina One at Marina South (which includes office, residential, hotel and retail components) and DUO in downtown Singapore at Ophir-Rochor and the subsequent green loan refinancing of the loan facility granted for the Marina One commercial component.
  • City Developments Limited in all three of its innovative financing structures (involving financing totalling approximately S$1.6 billion) as part of its ground-breaking “Profit Participation Securities” platform, involving the divestment of its interest in Summervale Properties Pte. Ltd., which owns Nouvel 18, a luxury freehold residential development located at 18 Anderson Road adjacent to the prime Orchard Road shopping belt, the acquisition of three prime commercial properties in Singapore (consisting of Central Mall, Tampines Grande and Manulife Centre) by a joint office investment platform between City Developments Limited and Alpha Investment Partners and monetising CDL’s Sentosa Cove assets.
  • TuasOne Pte. Ltd. (a joint venture between Hyflux Ltd. and Mitsubishi Heavy Industries, Ltd.) in the S$653 million project financing of, inter alia, the development, procurement, construction, operation and maintenance of a waste-to-energy plant with a contracted waste processing capacity of 2,400 tpd of waste and targeted to reduce the volume of solid waste by at least 90% and provide sufficiently high efficiency of electricity generation. This deal was the winner of the Asia Pacific Waste award at the renowned IJ Global Awards 2016.

Languages

English

Memberships

She is a member of the Singapore Academy of Law and the Law Society of Singapore.

Education

Bernadette graduated from the National University of Singapore and is admitted to the Singapore Bar.

Lawyer Rankings

Singapore > Banking and finance: local firms

(Next Generation Partners)

Bernadette TanWongPartnership LLP

WongPartnership LLP remains a market leader in banking finance, noted for its history in acquisition finance, real estate finance and general corporate lending. More recently it has been at the forefront of green loans and sustainability-linked financings. It continues to be active in acquisition finance in the real estate sphere and advised Perennial Shenton Property on the refinancing of the acquisition of, and the S$3bn green loan syndicated financing of the 8 Shenton Way project development. The firm represents all three of Singapore’s major banks and international banks with a presence in Singapore, the vast majority of Singapore’s top real estate developers and REITs, leading international private equity houses, prominent government-linked companies and established multinationals based in Singapore. Susan Wong is at the pinnacle of the profession, heads the financial services group and has over 35 years of experience in major banking and finance transactions, including acquisition finance and real estate finance. Christy Lim is deputy head of the banking and finance practice, and also leads many of the firm’s top banking and finance engagements. Alvin Chia is another leading name in the team, as are emerging talents Felix Lee and Bernadette Tan.