Assets Securitization
JunHe attorneys were among the earliest to provide professional financial legal services in the Chinese market, m88 casino app have extensive experience in the provision of legal services for financial business. Through its tireless efforts, JunHe has become the market leader in Chinese legal services for financial business. Since 1998, JunHe has been recognized year after year by numerous international authoritative legal journals such as Asia Pacific Legal 500, Chambers Global – Leader, m88 casino app Asia Legal Business as one of the best law firms in banking, financing m88 casino app capital markets, project finance m88 casino app infrastructure.
Our Team
All attorneys on JunHe’s asset securitization team have graduated from top law schools both home m88 casino app abroad, m88 casino app have a solid legal theoretical foundation m88 casino app extensive practice experience with prestigious law firms. Lawyers on the team have sustained their excellence performing at the forefront of the market, m88 casino app demonstrating the ability to creatively solve structural problems by applying the laws currently in force. They have long served various financial institutions in China m88 casino app have extensive practice experience in Chinese business.
Core Areas of Practice
Asset securitization of enterprise loans
Securitization of individual housing mortgage loans
Asset-backed notes
Specific asset management plan
Lease securitization
Future creditor’s asset securitization
Non-performing asset securitization
Real estate investment trusts (REITS)
Structured finance
Integrated Legal Services
Relying on its financial legal service team, JunHe’s team of asset securitization is a team of well-trained professional lawyers that have extensive experience in various large m88 casino app complicated financial transactions, m88 casino app serves the leading role in the asset securitization. For many years, we have been dedicated to the provision of legal services to sponsors, managers, asset service agencies, banks m88 casino app other various transaction participants with the scope of legal services covering:
Transaction structure design m88 casino app argumentation: (1) to make analysis together with other intermediary institutions on whether the underlying assets can be securitized; m88 casino app (2) to design an asset securitization structure m88 casino app plan that comply with the demm88 casino apps of the transaction parties, m88 casino app provide legal reasoning on risk prevention;
Legal due diligence investigation on underlying assets: (1) to conduct legal due diligence investigation on relevant entities; (2) to carry out legal due diligence investigation on the underlying assets accordingly; (3) to determine through analysis the legal property of the underlying assets m88 casino app the legitimacy m88 casino app validity of its security measures through review of the corresponding contracts m88 casino app other legal documents; m88 casino app (4) to issue legal due diligence reports according to the project needs;
Drafting m88 casino app review of legal documents: (1) to determine jointly with other intermediary institutions the stm88 casino appard for pooled assets; m88 casino app (2) to draft m88 casino app revise the transaction documents according to the transaction structure that has been fixed; m88 casino app
Issuance of legal opinions.
Recent Representative Cases
Sealm88 casino app Securities - Jin Jian Factoring - Shanxi Construction Investment Supply Chain Asset-backed Special Scheme Phase 01-10. This was the first green construction supply chain project at the provincial level in China. The underlying assets in this project were the assets undertaken by Jin Jian Factoring in green industry projects such as “low-carbon environmental protection” m88 casino app “clean energy”. JunHe worked closely with the other intermediaries, seized the policy opportunity, m88 casino app maintained full communications with the exchange, efficiently completed the due diligence m88 casino app regulatory approval, rapidly submitted feedback m88 casino app pushed the deal forward. Within a short time, JunHe successfully obtained the no-objection letter m88 casino app completed the issuance of the initial series, winning wide recognition from the market. JunHe, as the deal counsel, provided legal services for the entire process including transaction structure design m88 casino app demonstration, due diligence on the relevant participants m88 casino app underlying assets, issuance of legal opinions, drafting/revision of transaction documents m88 casino app assisting in communication with the regulatory agencies.
Huaxia Hefei High-tech Innovation Industrial Park Closed Infrastructure Securities Investment Fund. This was the first infrastructure securities investment fund (the “Publicly-offered REITs”) project of a local enterprise in Anhui Province to be approved. The original owner Hefei STIP Co., Ltd., put its Hefei Innovation Industrial Park Phase I project into two project companies m88 casino app issued the Publicly-offered REITs with the assets of the project companies m88 casino app the industrial park, as the underlying assets. JunHe, as the deal counsel, participated in the entire process of this deal, including the transaction structure design, the restructuring plan discussion m88 casino app implementation, legal due diligence on the infrastructure project, m88 casino app the drafting of the transaction documents for the special scheme m88 casino app the public offering of fund. In this project, JunHe also issued legal opinions on the special schemem m88 casino app the public offering of fund, assisted with the various government approvals m88 casino app approval procedures with the state-owned assets administrative authority, m88 casino app cooperated with the financial advisor to communicate m88 casino app submit feedback with the exchange m88 casino app the CSRC. With its rigorous, efficient m88 casino app professional working attitude m88 casino app service quality, JunHe has won unanimous affirmation m88 casino app high praise from the client m88 casino app the other intermediaries.
CICC - NEW PARK Commercial Assets-backed Special Scheme. This was the first CMBS deal of New World Group, which was successfully issued by New World China, the domestic flagship property subsidiary of New World Development Co., Ltd. (HK.00017). The NEW PARK shopping mall and parking spaces (the “NEW PARK”), as the target project were located in the north of Guangzhou. The NEW PARK has obvious location advantages: it is adjacent to the airport, is near two major urban arterial roads and is where four subways meet. It covers multiple districts including Baiyun, Conghua and Huangpu, and can propel the commercial upgrade of the entire business area and promote the urban development of Guangzhou and even the Greater Bay Area. This deal has been reported by many news media and received wide attention from the market. Based on the commercial demands of the finance party, the project determined a relatively novel structure of a single SPV in terms of the overall transaction structure, through our lawyers’ argumentation and research on the local real estate policies. The project also adopted the structure of domestic and overseas joint credit enhancement measures according to repeated consideration and demonstration by our lawyers and managers. JunHe, as the deal counsel, provided legal services for the entire process of this deal including transaction structure design and demonstration, legal due diligence on the relevant participants and underlying assets, the issuance of legal opinions, drafting/revision of the transaction documents, and assisting in communications with the regulatory authorities.
