Mr Felix Lee > 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

Felix Lee is a Partner in the Banking & Finance Practice.

Career

His main areas of practice include syndicated loans, club deals, bilateral loans, acquisition financing, green / sustainable financing, subscription financing, property financing, project financing, cross-border transactions and security arrangements and documentation. He has also advised on standard forms for consumer credit transactions and debt restructuring.

Work Highlights

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

  • A club of lenders led by DBS Bank Limited, Oversea-Chinese Banking Corporation Limited, Industrial and Commercial Bank of China Limited, Singapore Branch, Malayan Banking Berhad, Singapore Branch, and Crédit Agricole Corporate and Investment Bank, Singapore Branch as mandated lead arrangers in relation to a S$1.8 billion green financing granted to BFC Development LLP, involving two commercial buildings and an underground retail mall known as Marina Bay Financial Centre Tower 1, Marina Bay Financial Centre Tower 2 and Marina Bay Link Mall respectively.
  • Nesta Investment Holdings Limited (which is owned by a consortium comprising HOPU Logistics Investment Management Co., Ltd., Hillhouse Capital Logistics Management, Ltd., SMG Eastern Limited, Bank of China Group Investment Limited and Vanke Real Estate (Hong Kong) Company Limited) as Singapore counsel in the grant of US$4 billion term loan and revolving facilities in relation to Nesta Investment Holdings Limited’s acquisition of Global Logistic Properties Limited.
  • Kohlberg Kravis Roberts & Co. L.P., 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.
  • A syndicate of lenders in a US$551 million financing granted to subsidiaries of ARA Asset Management Limited, for the acquisition of a portfolio of 38 hotels under the Hyatt Place and Hyatt House franchise across 21 states in the United States.
  • A syndicate of offshore lenders in the extension of S$305.6 million and US$86.78 million loan facilities granted to ECW Treasure Pte. Ltd. and Zhejiang Fuzhou E-Commerce Co., Ltd, inter alia, to refinance existing debt obligations of the group and fund the acquisition of Fuzhou E-Commerce, an integrated e-commerce logistics asset located in Hangzhou.
  • The lenders in the grant of a S$1.1 billion facility to Singapore LNG Corporation Pte. Ltd. (“SLNG”) to finance the repayment of certain government loans that were extended to SLNG for the development and construction of the initial phase of the Singapore LNG Terminal located on Jurong Island, Singapore.

Publications & Legal Updates

  • Butterworths Journal of International Banking and Financial Law, “When Singapore REITs go under: risks and solutions for lenders” (January 2023)

Languages

English

Education

Felix graduated from the National University of Singapore and is admitted to the Singapore Bar and the Roll of Solicitors of England & Wales.

Lawyer Rankings

Singapore > Banking and finance: local firms

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.