Cases & Deals

DBS Bank, Merrill Lynch, and Credit Suisse complete S$337 million rights issue by Starhill Global REIT and Manager, YTL Pacific Star REIT Management Limited

Clients DBS Bank Ltd

Jones Day advised DBS Bank Ltd, Merrill Lynch (Singapore) Pte Ltd, and Credit Suisse (Singapore) Limited, Joint Lead Managers and underwriters, in a S$337 million (US $237 million) 1-for-1 rights issue by Starhill Global REIT, a leading Asian REIT investing in prime retail and office space in Singapore, Japan and China, and YTL Corporation Bhd, indirectly the largest shareholder and a leading Asian infrastructure conglomerate headquartered in Malaysia.