Paul Hastings has advised Singapore-based real estate group Mapletree Investments Pte. Ltd. on the establishment of a program to issue up to $3 billion in Euro-denominated medium-term notes.

Mapletree is the real estate arm of Singaporean sovereign wealth fund Temasek Holdings. The program expands on $1.6 billion medium-term note issue by Mapletree last year. The company plans to use the money for general corporate purposes.
Paul Hastings Hong Kong partner Vivian Lam advised Mapletree. The firm also acted for Mapletree on its notes issue last year and when the company paid $2.4 billion to acquire a Hong Kong shopping mall last August.
Singapore firm Allen & Gledhill partner Glenn Foo represented Mapletree on Singapore law.
The underwriters — Citigroup Global Markets Singapore Pte. Ltd., DBS Bank Ltd., The Hongkong and Shanghai Banking Corp. Ltd., CIMB Bank Bhd., Oversea-Chinese Banking Corporation Ltd., and United Overseas Bank Ltd. – were advised by Allen & Overy Singapore partner Lock Yin Mei.