Global menu

Our global pages

Close

Advising on HK$2bn RMBS securitisation programme

  • Hong Kong

    05-05-2021

     

    Eversheds Sutherland advises on a HK$2bn RMBS securitisation programme.

    Eversheds Sutherland’s structured finance team in Hong Kong has advised a leading Hong Kong money lender, in its capacity as originator, transaction administrator, servicer and junior investor, on a successful HK$2bn residential mortgage-backed securities (RMBS) securitisation programme.

    The mortgages are secured on a portfolio of Hong Kong residential properties. The securitisation, which successfully closed on 9 April 2021, is governed by Hong Kong law.

    Kingsley Ong, Partner and Head of Structured Finance & Restructuring/Insolvency, Asia, at Eversheds Sutherland comments:

    As an asset class, Hong Kong residential property mortgage loans remains one of the most resilient even in times of crisis. This securitisation programme will give our client additional liquidity and enable it to grow its existing portfolio of mortgages.”

    The Eversheds Sutherland team was led by Partner Kingsley Ong, supported by Of Counsel Simon Barrell, Associates Polly Chiu and Hinny Leung.

     

     

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

    < Go back

    Print Friendly and PDF

    © Eversheds Sutherland 2023. All rights reserved. Eversheds Sutherland is a global provider of legal and other services operating through various separate and distinct legal entities.

    Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client.