Karen Wong is an associate in the Hong Kong office of Latham & Watkins and a member of the Finance Department.

Karen advises international banks, funds, corporates, and high-net-worth individuals on a range of structured finance, derivatives, securitization, fund financing, and banking transactions, including:

  • Structured products and establishment of structured and repackaging programs
  • Margin loans and other share-backed financings secured on Hong Kong and US listed securities
  • OTC derivatives across different asset classes including interest, FX, equity, and credit
  • Offerings of debt, equity-linked, credit-linked, and hybrid securities such as convertible and exchangeable securities

Karen’s recent transactional experience includes advising:

  • Clifford Capital on its sixth public infrastructure asset-backed securities (IABS) transaction of loans and bonds of approximately US$527 million in size — this transaction represents the sixth, and largest, issuance to date by the infrastructure credit platform
  • Cogent IPv4 LLC in connection with a first-of-its-kind Rule 144A/Regulation S securitization of approximately 12.6 million Internet Protocol version 4 (IPv4) addresses and related customer contracts globally via a special-purpose, bankruptcy remote subsidiary, involving originators in eight jurisdictions, including Hong Kong and Singapore
  • Leading originators and banks in relation to warehouse arrangements, including a leading Hong Kong property development group’s landmark residential mortgage warehouse program
  • Leading funds in relation to a broad range of fund financings, including subscription line facilities, and structured NAV facilities
  • A leading listed conglomerate in relation to a US$625 million structured pre-IPO exchangeable asset backed bond issuance

Bar Qualification

  • England and Wales (Solicitor)
  • Hong Kong (Solicitor)

Education

  • PCLL, The Chinese University of Hong Kong, 2020
  • LLB, London School of Economics and Political Science, 2019
    First Class Honours

Languages Spoken

  • English
  • Chinese (Mandarin)
  • Chinese (Cantonese)