Michelle Taylor
Michelle advises on debt capital markets, banking and finance transactions, with a particular emphasis on structured finance, securitisation, asset-backed and secured finance, structured products and derivatives.
During her 20-year career in Hong Kong, Michelle has executed complex cross-border finance solutions for clients across the Asia-Pacific region in various industries including financial services, aviation, shipping, consumer credit, energy and real estate. She has been at the forefront of the Asian securitisation market since its development in the late-1990s, and advised on the first deals in many jurisdictions such as Korea, the PRC and Malaysia.
Areas of expertise
- Debt capital markets
- Banking and finance
- Structured finance
- Securitisation
- Asset-backed and secured finance
- Structured products
- Derivatives
Representative experience
- Cross-border securitisations of credit card receivables, auto loan receivables, personal loans, mortgages, lease receivables, airline ticket and air-cargo receivables, shipping receivables, collateralised bonds and loans, natural assets and non-performing loans
- PRC secured offshore borrowing and lending (backed by assets such as commercial real estate, local government bonds, non-performing loans, consumer receivables)
- Airline ticket and airline/shipping cargo receivable securitisations for clients in the PRC, Korea and the Philippines
- Commercial real estate lending transactions in the PRC (including commercial mortgage-backed securitisations)
- Acquisition financing
- Disposition of performing/non-performing portfolios of investments and securities (auctions and debt capital markets)
- Bespoke offshore investment structures for PRC investors
- Covered bond transactions
- Issuance of guaranteed and/or secured loans and bonds
- Credit derivatives (including credit default swaps, credit-linked notes and total return swaps)