Wilfred Ong

Wilfred’s experience includes representing:

• Ninja Van Group, Southeast Asia’s leading tech enabled logistics organization, on a 3-year committed US$50 million revolving credit facility from HSBC.
• Blue Earth Capital AG (BlueEarth), a Switzerland-headquartered global impact investor, in connection with a direct-credit investment into Q Collection Pte. Ltd., a leading vertically integrated apparel manufacturer headquartered in Singapore and with manufacturing operations in Bangladesh. This collaboration marks BlueEarth’s first sustainability-linked loan.
• Geo Energy Resources Limited (Geo Energy) on its US$220 million financing from PT Bank Mandiri, to be applied toward the funding of certain acquisitions, working capital, and other capital expenditure requirements. Geo Energy is a major Indonesian coal producer listed on the mainboard of the Singapore Exchange (SGX) and principally engaged in operating coal mines, coal production, and coal sales throughout Asia.
• A leading harbor towage operator headquartered in Italy on its financing and acquisition of two major regional harbor towage service providers.
• A U.S. based multi-strategy fund on its approximately US$220 million mezzanine financing to a Philippines based conglomerate for its acquisition of a gas-to-power project in the Philippines, as Singapore counsel.
• A Malaysia headquartered bank on its approximately S$156 million financing to a Singapore based purchaser for the acquisition of a regional pharmaceutical distribution group.
• A leading Singapore bank on its enforcement, debt restructuring and asset recovery strategies in relation to approximately US$100 million in outstanding debt from the shipping arm of one of Singapore’s largest oil trading groups.
• The informal steering committee of creditors holding US$1.34 billion of debt on the restructuring for Pacific International Lines.
• A Singapore headquartered shipyard as a major creditor on the restructuring of approximately US$900 million in debt owed by the Borr Drilling Limited group (NYSE: BORR) (OSE: BORR) as part of its overall restructuring of over US$2 billion in secured debt.

*Includes matters completed prior to joining Sidley.