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Securitisation

Mallesons has been at the forefront of Asian securitisation since the market began. Regulatory developments affecting the key players will continue to shape the market including the originators, asset classes and investors. These changes also impact deal structuring and execution. While a select group of countries has traditionally dominated Asian deal flow, more focus is now on the developing jurisdictions.

We have the largest securitisation team in the region of all our competitors. Our senior lawyers also bring their experiences from working in London and New York. We act for clients from all sectors including commercial banks, investment banks, non-bank originators, corporates, conduits, trustees and financial guarantors. We lead the market in plain English drafting.

Our team provides strategic advice on every asset class securitised in the region including:  

  • Aircraft leases

  • Commercial real estate infrastructure (toll roads, rail and ports)

  • Corporate loans

  • Corporate margin and project finance loan portfolios

  • Credit derivatives

  • Freight receivables

  • Infrastructure assets

  • Lease receivables

  • Loan premium and credit card receivables

  • Net interest margins

  • Pre-sales of property developments 

  • Residential and commercial mortgages

  • Trade receivables.

We have also advised on the structuring and documentation of: 

  • Numerous secured MTN and conduit structures

  • Securitisations backed by credit derivative obligations

  • Retail as well as professional issues of securitised products.

Recent transactions include: 

  • Korean credit card and auto loan receivables

  • Singapore CMBS, personal loan and credit card receivables

  • Malaysian personal loan receivables

  • New Zealand credit card receivables

  • Hong Kong RMBS and credit card receivables

  • China, Korea, Singapore and Indian aircraft receivables

  • Asian corporate loan receivables

  • Multi-seller trade receivables.