Multi-currency term loan facilities of up to US$4 billion (or equivalent) granted to C.P. Retail Development Company Limited
Advised C.P. Retail Development Company Limited (“Borrower”) as Malaysian counsel in respect of the multi-currency term loan facilities of up to US$4 billion (or equivalent) granted by various financial institutions as original lenders, inter alia, to finance the proposed acquisition of all the issued shares in Tesco Stores (Malaysia) Sdn. Bhd., a hypermarket chain with more than 60 stores in Malaysia. The Borrower is controlled by Charoen Pokphand Group Company Limited and Charoen Pokphand Foods Public Limited.
Advising C.P. Retail Development Company Limited was Partner Kelvin Loh.