Allen & Gledhill advised Maybank Securities Pte. Ltd., lead arranger and bookrunner, and more than 10 banks and financial institutions on a S$200 million syndicated term loan facility to Ethoz Capital Ltd..
Established in 1981, ETHOZ is 50% owned by Tan Chong and 45% by ORIX Japan. ETHOZ Group Ltd (EGL) comprises of 3 main subsidiaries which provide Automotive and Financial Solutions.
In Singapore, the subsidiary ETHOZ Automotive Leasing (EAL) provides rental and maintenance of vehicles while ETHOZ Capital Ltd (ECA) provides financing solutions including Government Aided Loans, in partnership with Enterprise Singapore. The China subsidiary, ETHOZ Capital (China) Ltd (ECC) provides financing solutions.
The Allen & Gledhill team was led by Partner Aloysius Ng (Picture).
Involved fees earner: Aloysius Ng – Allen & Gledhill LLP;
Law Firms: Allen & Gledhill LLP;
Clients: Maybank Securities;