Angela Lim, Tan Shu Fern and Sarah Ooi from the Banking & Finance Practice Group acted for Resorts World at Sentosa Pte Ltd ("RWS") and Genting Singapore in a S$2.27 billion syndicated senior secured credit facilities to RWS.

The facilities will be utilised primarily for refinancing RWS's existing facilities of S$4.1925 billion obtained in 2011. The five-year facilities comprise a S$1.75 billion syndicated term loan facility, a S$500 million syndicated revolving credit facility and a S$20 million bank guarantee facility, provided by DBS Bank and OCBC.

The new facilities will enable RWS to extend the tenure of its existing facilities to 2020 and also offer RWS better repayment terms which enhance its balance sheet strength and financial flexibility.

The facilities are fully underwritten by the original mandated lead arrangers and bookrunners, who are The Bank of Tokyo-Mitsubishi UFJ, DBS Bank Ltd, The Hongkong and Shanghai Banking Corporation, OCBC and Sumitomo Mitsui Banking Corporation.