Authors: Victor Wan, Stephen Song, Karen Lam, Kenneth Lam, Bernard Chain

Hong Kong - Key Considerations for trading secondary loan positions

There has been significant volatility in many parts of the financial markets as a result the Covid-19 pandemic. One area of activity we have seen is in the trading of loans and other private credit.

We have prepared a bulletin where we discuss some of the key considerations for investors in the context of trading loans in the secondary market following origination. We also see some of the same techniques being used at origination as part of the syndication process.