WongPartnership LLP

Banking & Finance

Tan Li Wen is a Partner in the Banking & Finance Practice.

Her main areas of practice include syndicated loans, club deals, bilateral loans, property development financing, acquisition financing, cross-border transactions, and security arrangements and documentation.

Work Highlights

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

MM Treasure Corporation in the US$860 million term loan facility taken out in connection with the financing of the construction, development and completion of "One Bangkok", primed to be Thailand’s largest integrated development, targeted to transform Bangkok’s city-centre and become a new global landmark. The lenders, as transaction counsel, in the grant of an offshore (Singapore) secured term loan facility (in conjunction with an onshore (PRC) secured term loan facility), in each case, to wholly-owned subsidiaries of ARA China Investment Partners, LLC for the purposes of refinancing existing offshore and onshore term loan facilities taken out by such subsidiaries. Cityview Place Holdings Pte. Ltd., a wholly-owned subsidiary of City Development Limited, in the S$300 million and S$450 million financings secured over the W Singapore, Quayside Isle and units at The Residence at W Singapore located at Sentosa Cove. Perennial 111 Somerset Pte. Ltd. in the refinancing of existing loans of AREIF (Singapore I) Pte. Ltd. ("AREIF") and financing, inter alia, the additions and alterations works by AREIF in relation to TripleOne Somerset, a 17-storey office-and-retail building located on Somerset Road in Orchard, Singapore. DBS Bank Ltd. as financier in the US$890 million financing to STATS ChipPAC Ltd. (the "Borrower"), in connection with the voluntary conditional general offer by a special purpose vehicle JCET-SC (Singapore) Pte. Ltd. (the "Offeror") for all the issued and paid-up ordinary shares (excluding issued and paid-up ordinary shares held by the Borrower as treasury shares but including shares issued and paid-up upon the valid exercise or vesting of options and awards) in the capital of the Borrower, other than those already owned, controlled or agreed to be acquired by the Offeror, its related corporations and their respective nominees. The deal was named "Asset & Corporate Finance Deal of the Year" at the ALB SE Asia Law Awards 2016. Frasers Amethyst Pte. Ltd. in the S$3 billion and S$1.8 billion financings, granted by syndicates of lenders, in relation to the acquisition of Australian developer Australand Property Group ("Australand"). The acquisition of Australand was awarded "Best Singapore Deal" at the FinanceAsia Awards for Achievement 2014.

Publications & Legal Updates

Butterworths Journal of International Banking & Financial Law – “Ipso facto protection: as dead as the language and rightfully so?” 2019

English

Li Wen sits on the Singapore Documentation Committee of the Asia Pacific Loan Market Association.