Director

Daniel Tan

Languages

English
Mandarin
Chinese

Daniel leads the finance practice at CMS Holborn Asia. He has close to 20 years' experience advising international and domestic lenders and borrowers on a wide range of lending transactions in Singapore and internationally.

He specialises in complex cross-border financing transactions including acquisition finance, structured lending, project finance, fund financing, reserve-based lending and trade finance.

Daniel had primary responsibility for drafting the Asia-Pacific Loan Market Association's (APLMA) Singapore law recommended forms of Facility Agreement until January 2021, and was also the course co-ordinator of the Cross Border Transactions module on the Singapore Institute of Legal Education's (SILE) Part B Bar Course, from 2013 to 2020.

Daniel is qualified in Singapore and in England & Wales. He was appointed a Notary Public and a Commissioner for Oaths on 1 October 2018.

Relevant experience

A syndicate led by DBS Bank on a US$150m facility for a Singapore-headquartered flour milling group, which has operations in various countries in the Asia-Pacific region.
United Overseas Bank on various Promissory Note Purchase facilities for a Thai group of companies.
PT Bank Negara Indonesia as to matters of Singapore law in connection with a loan facility to a SPV of a major Indonesian conglomerate.
DBS Bank, The Hongkong and Shanghai Banking Corporation, the Royal Bank of Scotland and Standard Chartered Bank, on a S$150 million facility for a major sporting goods retailer in Singapore.
Standard Chartered Bank in connection with an acquisition facility for the Al Futtaim Group.
The Indonesian PT Triputra Agro Persada in connection with a US$470 million syndicated facility.
VietinBank on a dual currency USD/VND facility for the No Va Land group.
Standard Chartered Bank in connection with a financing to an SPV owned by a Singapore listed company in connection with a proposed acquisition.
Citibank on a US$125 million capital call facility for Baring India Private Equity Fund III.
Standard Bank in connection with a borrowing base facility for MI Energy Corporation.
Bayerische Hypo und Vereinsbank in connection with a US$60 million borrowing base facility to the AIM listed Leed Petroleum group.
Bayerische Hypo und Vereinsbank in connection with a proposed borrowing base facility for Lodore Resources, a US oil and gas investment company.
Standard Chartered Bank in connection with a US$1 billion facility for PT Borneo Lumbung Energi & Mining Tbk to fund its acquisition of an interest in Bumi PLC and the subsequent restructuring of that facility.
Standard Chartered Bank in connection with a loan facility for Tata Teleservices Limited.
A syndicate of lenders led by Credit Suisse in connection with a US$120 million term facility for the Pacnet group of companies.
Standard Chartered Bank in connection with ECA backed facilities (EKN, Finnvera and Sinosure ) for the Robi Axiata group.
ASX listed Miclyn Express Offshore in connection with the refinancing of its US$284 million debt facility.
Jasper Investments Limited in connection with financing for a shipowning subsidiary.
Deutsche Bank in connection with an advance payment facility for ABG Shipyard.
A syndicate of banks in connection with a US$120 million facility to PT Garuda Indonesia (Persero) Tbk.
The financiers in connection with various aircraft financing and leasing transactions involving a Danish aviation company.

Publications

June 2022 - Use of non-fungible tokens as loan security in Singapore and implications of cryptoasset-collateralised loans, Lexology.

Education

2001 – LL.B (Hons), King's College London, London.
2002 – Graduate Diploma in Singapore Law, National University of Singapore, Singapore.

Practice Areas

Banking & Finance

Insights