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Gee Hou Tng is a local partner in White & Case's Banking, Capital Markets & Restructuring practice based in Beijing. His banking and finance experience includes acting for both lenders and borrowers on regional and domestic syndicated loans, structured and acquisition financings.
Gee Hou's career experience includes secondments with an investment bank and the corporate wholesale banking business of a leading international bank based in Hong Kong. He also spent time based in White & Case's Almaty, Beijing, Hong Kong and Singapore offices.
Advised Saudi Arabia's Reza Group and Qatar's Al-mana Group on a secured financing by CIMB for the acquisition of the franchise rights for McDonald's 390 restaurants in Singapore and Malaysia. The transfer of the McDonald's business to a developmental license model is the first to be implemented in Asia.
Advised Australia and New Zealand Banking Group Limited, Bank of America, N.A., Bank of China Limited, Macau Branch, and Deutsche Bank AG, Singapore Branch as coordinating lead arrangers and bookrunners on an amendment and extension to senior secured facilities of Melco Crown (Macau) Limited, a subsidiary of Melco Resorts & Entertainment Limited, a developer, owner and operator of casino gaming and entertainment resort facilities in Asia. The amended facilities provide for US$1,750 million in senior facilities, consisting of a US$500 million six-year term loan and a US$1,000 million five-year revolving credit facility, which amount may be increased by an additional US$250 million.
Advised the joint mandated lead arrangers on a US$520 million secured term loan and US$60 million five-year secured revolving credit loan to refinance the outstanding debt of MMI International Limited, a Singapore-based hard disk drive components maker that is backed by leading global investment firm KKR. The joint mandated lead arrangers were Standard Chartered Bank, Singapore Branch, ANZ, Bank of America Merrill Lynch, DBS Bank Ltd, Cathay United Bank Co., Ltd., CTBC Bank Co., Ltd., Sumitomo Mitsui Banking Corporation, Maybank, Mega International Commercial Bank Co., Ltd and United Overseas Bank.
Advised UBS Securities Pte. Ltd. on the KRW 360 billion mezzanine financing of The Carlyle Group's US$1.93 billion cash buyout of South Korean security business ADT Korea from Tyco International Ltd. The all-cash acquisition by The Carlyle Group is the largest private equity buyout deal in Korea since 2008. The deal won "South Korea Loan of the Year" at the IFR Asia Awards 2014.
Advised The Bank of Toyo-Mitsubishi UFJ, Ltd., Sumitomo Mitsui Banking Corporation and Mizuho Bank Ltd. on a €1.39 billion financing provided to the LIXIL Corporation for the purchase of the Grohe group assets in Europe and the subsidiary Joyou group assets in PRC.