Sembcorp Marine Ltd and its subsidiaries upsize their multicurrency multi-issuer debt issuance programme from S$500,000,000 TO S$2,000,000,000, and inclusion of some pte ltd as additional issuer to programme

- Drew acted as legal counsel to Sembcorp Marine Ltd and its subsidiaries in the upsize of its Multicurrency Debt Issuance Programme and inclusion of SMOE Pte Ltd as additional issuer to the Programme -


Feb 2010 – Drew & Napier LLC (“Drew & Napier”) acted as counsel to Sembcorp Marine Ltd (“Company”) in the update and upsize of its current multicurrency multi-issuer debt issuance programme (“Programme”) from S$500,000,000 to S$2,000,000,000 pursuant to which the Company, together with its subsidiaries Jurong Shipyard Pte Ltd, Sembawang Shipyard Pte Ltd and SMOE Pte Ltd (“SMOE”), with SMOE not being previously an Issuer under the Programme but has now been included as one (“Issuing Subsidiaries” and together with the Company, the “Issuers” and each, an “Issuer”), may from time to time issue notes (“Notes”), with the obligations of the Issuing Subsidiaries under the Notes to be unconditionally and irrevocably guaranteed by the Company. DBS Bank Ltd. and Standard Chartered Bank are joint arrangers and dealers of the Programme.

The Drew team was led by Mr Petrus Huang, Director, with team members including Mr Winston Mok, Associate Director, Ms Felicia Koh, Associate, and Mr Ko Lingwei, Associate.


About Drew & Napier LLC

Established in 1889, Drew & Napier LLC is one of Singapore's leading and largest law firms, with over 250 lawyers and fee-earners. Consistently rated top tier in dispute resolution over the years by international ranking organisations such as Asia Pacific Legal 500, Chambers Global, Practical Law Company, Best Lawyers and Asia Law, the firm has 7 Senior Counsel – the largest number of any Singapore law practice. The firm is headed by chief executive officer, Davinder Singh, Senior Counsel. Drew & Napier LLC is also rated top tier in Corporate Insolvency & Restructuring, Intellectual Property (Patents and Trademarks), Competition & Antitrust, Telecommunications, Media & Technology and Tax, with market leading practices in Mergers & Acquisitions, Corporate Finance, and Admiralty & Shipping. For more information www.drewnapier.com.


For more information please contact:

Lisa Lim
Corporate Affairs Executive
Drew & Napier LLC
Tel: +65 6531 2218
Email: lisa.lim@drewnapier.com