Ms Susan Wong > 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; Private Equity

Position

Legal Practitioner

Career

An eminent legal practitioner, Susan Wong has more than 38 years of experience in banking and finance work. She has extensive expertise in a wide range of local and international loan and other debt-related transactions including project, acquisition, real estate, investment and business trusts, sustainability, private equity, asset and asset-backed and Islamic financing, syndicated and club loans, cross-border financing, risk and funded sub-participations, securitisations, sale of loans and receivables and security arrangements and documentation. Having headed the firm’s Banking & Finance practice for almost two decades and helmed the Financial Services Group (which encompasses four practices, namely Asset Management & Funds, Banking & Finance, Capital Markets and Financial Services Regulatory) for over a decade, Susan continues to be involved in landmark and high-profile corporate and financing transactions.

Susan is consistently highly recognised by leading legal publications and regularly authors on banking and finance law.

Work Highlights

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

  • City Developments Limited (“CDL”) in the financings relating to their three Profit Participation Securities (“PPS”) transactions, the novel PPS structure evolved by CDL to monetise their various cash-generating assets and which involved the divestment of all present and future cashflow arising from their hotel, retail and residential assets (including the W Singapore hotel, Quayside Isle and The Residences at W Sentosa, Central Mall, Tampines Grande and Manulife Centre and Nouvell 18).
  • The syndicate of banks in the financing of more than S$1.33 billion to Sportshub Pte. Ltd. for the development of the Singapore Sports Hub which is understood to be the world’s largest Public-Private Partnership (“PPP”) sports facilities infrastructure project and one of Singapore’s flagship PPP projects. The deal won nine international awards, including the “Asia-Pacific PPP Deal of the Year” and “Global Deal of the Year” handed out by Euromoney’s Project Finance Magazine.
  • CapitaLand Limited, Singapore’s largest property group, and CapitaMalls Asia Limited (“CMA”), a wholly-owned subsidiary of CapitaLand Limited, in the restructuring of CapitaLand Group’s intercompany loans in connection with the offering and listing of shares in CMA on the Singapore Exchange. This is the largest initial public offering in Singapore since 1993 and is ranked by Reuters as the 10th-largest IPO globally this year. The deal was awarded “Best Singapore Deal” at the FinanceAsia Awards for Achievement 2009.
  • The landmark S$5 billion syndicated financing for the development of two integrated projects (which include office, residential, hotel and retail components) located at Marina South and Ophir-Rochor, in downtown Singapore which were jointly developed by the state-owned investment companies of Singapore (Temasek Holdings (Private) Limited) and Malaysia (Khazanah Nasional Berhad), pursuant to a historic and politically significant land swap agreement reached between the governments of Singapore and Malaysia.
  • Frasers Centrepoint Limited in the S$3 billion and S$1.8 billion financings in connection with the acquisition of Australian developer Australand Property Group (“Australand”), of which the acquisition of Australand was awarded “Best Singapore Deal” at the FinanceAsia Awards for Achievement 2014.
  • Kohlberg Kravis Roberts & Co. L.P. and IBC Capital Limited (the “Offeror”), in the US$1.1 billion financing relating to the S$1.4 billion acquisition by the Offeror of all the issued and paid-up ordinary shares in the capital of Goodpack Limited (“Goodpack”), of which the acquisition of Goodpack was named the “M&A Deal of the Year: Private Equity” at The Asian Lawyer Asia Legal Awards 2015 and is also one of Asian-Mena Counsel’s “Deals of the Year” for 2014. The deal was also named “Asset & Corporate Finance Deal of the Year” at the ALB SE Asia Law Awards 2015 and “Finance Deal of the Year: Acquisition Finance” at The American Lawyer’s Global Legal Awards 2015.
  •  Publications & Legal Updates:
  • Chambers Global Practice Guide – Banking & Finance Trends and Developments in Singapore, 2023
  • Chambers Global Practice Guide – Acquisition Finance Trends and Developments in Singapore, 2023
  • Chambers Global Practice Guide – Banking & Finance, Singapore Chapter 2018 – 2020
  • IFLR Cross-Border Financing Report – Singapore Chapter 2013 and 2014
  • Getting the Deal Through – Real Estate, Singapore Chapter 2012 and 2013

Languages

English

Memberships

She is an editorial board member of the Butterworths Journal of International Banking & Financial Law and a member of the Advisory Panel of the Centre for Banking & Finance Law at the Faculty of Law, National University of Singapore.

Education

Admitted, 1987, Singapore Bar; National University of Singapore (LL.B., Hons.).

Lawyer Rankings

Singapore > Banking and finance: local firms

(Hall of Fame)

Susan WongWongPartnership 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.