Date Published: 1 November 2019
CNPLaw LLP advised the Singapore branch of the largest private bank in India on a secured back-to-back letter of credit facilities to PT Virema Impex in Indonesia and Virema Commodities Pte. Ltd. in Singapore, as co-borrowers, which were completed in October. The borrowers trade in various industrial products in bulk.
The lawyers from the Banking & Finance Practice Group (BFPG) have always taken pride in providing a comprehensive range of banking and finance services to our clients, including domestic and foreign international banks, other financial institutions as well as non-bank lenders and borrowers, and foreign legal firms acting for parties outside Singapore.
Our banking & finance practice covers the whole spectrum of domestic and international banking & financing work, including restructurings, financings and financial institutions advisory work. We can draw upon a broad base of partners, senior, mid-level and junior associates, all with strong and varied banking & finance product line and country experience.
Our reach is further widened and enhanced by our ability to draw upon the resources of our network of correspondent firms in the region and globally.