Welber Yim
Of Counsel
Hong Kong
Welber Yim
Of Counsel
Hong Kong
Contact details
Welber’s practice focuses on cross-border structured financing, real estate and securitised financing.
He has extensive experience in a wide range of finance areas, including general banking finance, real estate and structured finance, performing and non-performing loans portfolio finance, public and private acquisition finance and capital call and equity bridge finance. He frequently acts for major banks, financial institutions, private equity and credit funds and multinational borrowers in bilateral, syndicated, secured and unsecured loan transactions and refinancing. Welber’s focus is mainly on Hong Kong SAR, Mainland China and cross-border financing investments, involving lenders and borrowers from Greater China, Asia and Europe.
His experience also includes secondment to the Commercial Real Estate and Securitised Product Group of a global investment bank.
Welber is qualified as a solicitor in Hong Kong and England and Wales and is fluent in English, Cantonese and Mandarin.
Qualifications
Professional
Admitted as solicitor, Hong Kong, 2013
Admitted as solicitor, England and Wales, 2020
Academic
Law Student Exchange Programme, The University of Warwick, 2008-2009
Bachelor of Laws (Hons), The University of Hong Kong, 2010
PCLL (Distinction), The University of Hong Kong, 2011
Experience highlights
Global investment banks on three financing transactions to a credit fund for its acquisition of non-performing loan portfolios in the PRC.
Advising lenders on a mezzanine loan facility to a credit fund for its acquisition of a commercial property project in Hong Kong.
Advising a credit fund on its shares subscription and shareholder's loan transaction to a Hong Kong listed company against a commercial property project in Hong Kong and a residential property project in Macau.
Advising a credit fund on its securitised loan transaction in respect of the receivables over consumer automobile financing portfolio.
Qualifications
Professional
Admitted as solicitor, Hong Kong, 2013
Admitted as solicitor, England and Wales, 2020
Academic
Law Student Exchange Programme, The University of Warwick, 2008-2009
Bachelor of Laws (Hons), The University of Hong Kong, 2010
PCLL (Distinction), The University of Hong Kong, 2011
Other noteworthy experience
Advising:
- A syndicate of 28 lenders in relation to a USD5.2bn loan facility for Cheung Kong Property. This deal won the Syndicated Deal of the Year at the APLMA Awards 2016.
- A pension fund in its loan facility to an offshore joint-venture platform for the acquisition and investment in PRC real estate projects portfolio.
- A credit fund in a senior loan facility to a family company to refinance two existing defaulted loan facilities against a portfolio of Hong Kong properties.
- Three global commercial banks on a financing to a logistic company with a portfolio of logistics properties located in the PRC.
- A credit fund in relation to its US$41,000,000 loan facility to a Bermuda company listed in Hong Kong for refinancing the acquisition of the minority interests in two PRC companies holding real estate projects.
- A commercial bank on a senior loan facility to a HK subsidiary of a PRC real estate company in respect of its internal corporate restructuring for a London property development project involving six buildings.
- A credit fund on a loan facility to finance the acquisition deposit of a bidder under a mortgagee sale in respect of a residential property in Hong Kong.
- A logistic company on its sale of a portfolio of PRC logistics centres and the repayment and release of existing offshore and onshore parallel loan facilities.
- China Development Bank (Hong Kong) on a senior debt facility of USD1bn to Alibaba Group for the initial repurchase of shares from Yahoo! (equivalent to USD7.1bn).
- Xiaomi Corporation in relation to its USD1bn loan from 29 syndicate banks.
Pro bono
- Led and co-authored the Liberty Asia's submission to the Financial Action Task Force of Hong Kong on the issue of Human Trafficking, Labour Trafficking and Forced Labour in 2018
- A&O Hong Kong Pro Bono Committee member from 2011 to 2017
