Capital Markets: Securitisation & Derivatives (PRC Firms)
Greater China Region Guide 2024 : China
Band 2
Email address
[email protected]Contact number
+86 21 2208 1166About
Provided by Fangda Partners
Fangda has extensive experience in advising issuers and underwriters of asset-backed securities (ABSs), collateralized loan obligations and asset-backed medium-term notes. We offer clients a comprehensive high-quality service, advising on all aspects of ABS transactions, and have advised on many first and innovative deals in the market.
We have advised on more than 400 ABS financings, involving a total issuance value of RMB850 billion. Structures on which we have advised include securities backed on account receivables, supply chain receivables, consumer finance, microcredit, commercial mortgage-backed securities (CMBSs), real estate investment trusts (REITs) and income rights.
Firsts
We advised on many first ABS transactions, including: the first domestic overseas-invested asset-backed medium-term notes, the first PPP (Public-Private Partnership) ABS, the first microcredit CLO, the first ABS with a circular structure (where underwriters use recovered money to buy assets rather than distribute to investors), the first CMBS, the first account receivables ABS, the first engineering account receivables ABS, and the first low-income housing sales revenue ABS, as well as many other innovative structures.
Chambers Review
Fangda Partners' securitisation practice is a capable extension of the firm's broader full-service offering. The team receives regular mandates from well-known securities companies, such as CICC. It is mandated by state-owned investment firms to handle structured finance projects, alongside the underwriting of asset-backed commercial paper. Fangda is sought after in particular for its expertise in asset-backed securitisation and REITs projects.
方达律师事务所的证券化业务是该所广泛全方位服务的实力延伸。该团队定期受到包括中金公司在内的知名证券公司的委托。方达受国有投资企业的委托以处理结构性金融项目与以及资产支持商业票据的承销业务。其在资产支持证券化与房地产投资信托方面的专业知识尤其受到追捧。
Work Highlights
- Fangda Partners advised AIA Life Insurance regarding the inception of the initial phase of the Guojun-AIA Life Insurance Policy Loan ABS.
- 方达律师事务所为友邦人寿就其国君-友邦人寿保单贷款资产支持计划的初始启动阶段提供法律服务。
Strengths
Provided by Chambers
"Fangda can provide professional and insightful solutions for innovative businesses."
"Fangda's professional competence and dedication are impressive."
“方达可以为新兴的企业业务提供专业且有洞察力的解决方案。”
“方达的专业能力和敬业精神令人印象深刻。”
"Fangda can provide professional and insightful solutions for innovative businesses."
"Fangda's professional competence and dedication are impressive."
“方达可以为新兴的企业业务提供专业且有洞察力的解决方案。”
“方达的专业能力和敬业精神令人印象深刻。”
Notable Practitioners
Wu Dong is co-head of Fangda's department for securitisation and structured finance. Apart from his main focus on securitisation, he also handles initial public offerings and REITs as well as mergers and acquisitions.
吴冬律师是方达证券化与结构性融资部门的联席主管。除了其主要关注的证券化业务外，他还处理首次公开募股、房地产投资信托和其他证券事宜以及并购。
"Wu Dong is a highly experienced lawyer with a deep understanding and rich practical experience in the domestic capital market."
“吴冬律师是一位非常资深及领先的资本市场律师，就境内资本市场有深入理解和丰富实践。”
Ranked Lawyers at
Fangda Partners
China
Clients
Provided by Fangda Partners
China International Capital Corporation Hong Kong Securities
Citigroup Global Markets Asia
Goldman Sachs
Jinxin Fertility Group Limited
Merrill Lynch Far East
Morgan Stanley Asia
WuXi Biologics Holdings Limited
Industries
Provided by Fangda Partners
Automobiles & Parts
Banking and financial service
Construction
Consumer goods
Education
Energy
Food
Healthcare & Life Science
Manufacturing
Mining & Resources
Real Estate
Retail
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