Capital Markets: Derivatives & Structured Products (International Firms) - China
What the team is known for
CMS offers a newly strengthened team boasting deep expertise in both derivatives and structured products and securitisation mandates. The team is frequently called on to handle derivatives restructuring, structured financing, as well as advising on various asset and mortgage-backed securitisation matters. Key clients include Bank of China International, Hong Kong Capital Finance Corporation (HKCFC) and Prudential Hong Kong.
Strengths
"Any complexities in the transactions were not an issue for CMS; their suggested solutions have always turned out the most optimal. Client service aside, CMS's impact on every aspect of the transactions has been truly instrumental."
"CMS provided very helpful legal opinions."
Work highlights
CMS advised Siegfried Service on a USD4 billion trade receivables securitisation tap programme.
CMS advised the Taipei Sky Tower developer group on a USD155 million structured development financing for a new skyscraper in Taiwan.
Notable practitioners
Kingsley Ong of CMS's Hong Kong office is a trusted counsel on a host of securitisation mandates, including both asset and mortgage-backed securitisation. "We've been privileged to work with Kingsley Ong, who has been a key partner for us. It's very difficult for us to try to find any weakness and his consistent support has truly made a difference in our business."
