King & Wood Mallesons (KWM) is proud to announce that United Overseas Bank’s residential mortgage-backed securitisation (RMBS) for Hong Kong Capital Finance Corporation (HKCFC) has been named Best Structured Finance Deal of the Year (Hong Kong) at the FinanceAsia Achievement Awards 2025.
This recognition highlights the complexity and innovation behind the HK$1,503 million of rated, privately placed, fixed rate RMBS for HKCFC, which was the first rated Hong Kong RMBS in over 20 years. The deal set a significant milestone for Hong Kong’s capital markets, paving the way for further funding diversification for relatively new originators amidst a challenging Hong Kong residential property market.
KWM acted as transaction counsel for United Overseas Bank. The team was led by KWM’s Partner Paul McBride and Senior Associate Darwin Goei, with support from Partner Richard Mazzochi and Senior Associate Evangeline Chee.
Commenting on the award, Paul McBride said:
“We are honoured to have advised United Overseas Bank on Hong Kong’s Best Structured Finance Deal of the Year. This award reflects the strength of King & Wood Mallesons’ structured finance team and our commitment to delivering innovative solutions for clients in complex markets.”
The FinanceAsia Achievement Awards recognise excellence in deal-making, capital markets transactions and innovation in financial industries across the Asia-Pacific and Middle East.
