Mr. Xue's experience includes representing:
Leveraged Finance
- Goldman Sachs in the US$2.575 billion term loan and revolving credit facility, concurrent with a US$1.35 billion senior bond offering, in connection with the acquisition of IAA, Inc., a US auto retailer
- Golub Capital in the US$3.4 billion term loan and revolving credit facility for Hyland Software, a portfolio company of Thoma Bravo that provides content management software to corporate clients worldwide
- Stone Point Capital in the US$574 million term loan and revolving credit facility for THL Plymouth Debt Merger Sub, a manager of private fund administration
- Stone Point Capital in the US$155 million term loan and revolving credit facility for Accuserve Solutions, a managed repair experience platform designed for real humans in extreme times of need
- Golub Capital in the US$550 million term loan and revolving credit facilities for Pareto Health Intermediate Holdings, a company that provides employer healthcare benefits solutions that enable small and mid-sized businesses to self-fund their health benefits
- Barclays in the US$950 million term loan and revolving credit facility for Brazos Delaware II, a premier crude and gas midstream services provider in the Permian Basin, to refinance existing debt
- Nomura Securities in the US$600 million term loan and revolving credit facility in connection with the acquisition of FRG by BR Financial Holdings
- Churchill Asset Management in the US$310 million term loans and revolving credit facility in connection with the acquisition of KENG Acquisition, an acquisition company
- Citibank in the US$1 billion term loan facility for Gannett Holdings, an American mass media holding company, to refinance existing debt
- Goldman Sachs in the US$4 billion term loans and revolving credit facility in connection with Thoma Bravo's acquisition of RealPage, a global provider of software and data analytics to the real estate industry
- Golub Capital Markets in the US$800 million incremental facilities to Diligent in connection with its acquisition of Galvanize and Steele Compliance Solutions
- Golub Capital Markets in the term loan and revolving credit facility in connection with Thoma Bravo’s US$405 million acquisition of Calabrio
- Golub Capital Markets in the US$185 million term loans and revolving credit facility in connection with GI Partners’ acquisition of Aras
- Barclays Bank in the US$1 billion term loan facility for Altium Packaging, a company that develops and manufactures rigid plastic packaging solutions, to refinance existing debt
- JP Morgan in the US$1.18 billion amendment to the revolving credit facility for IAA, a company that retails automobiles
- Golub Capital Markets, GCI Capital Markets, in the term loan and revolving credit facility in connection with Thoma Bravo's US$330 million acquisition of Majesco
- Goldman Sachs and Golub Capital Markets in the term loan and revolving credit facility in connection with Thoma Bravo's acquisition of FairWarning Technologies, a provider of computer programming services, to refinance existing debt
- Goldman Sachs in the US$600 million term loan and revolving credit facility for Tutor Perini to refinance existing debt
- Goldman Sachs in the US$1.02 billion term loan and revolving credit facility for Netsmart to refinance existing debt
- Citibank in the US$4.87 billion term loans and revolving credit facility in connection with Apollo Global Management’s acquisition of Tech Data
- Golub Capital Markets in the US$2 billion term loans and revolving credit facility in connection with TA Associates Management’s acquisition of MRI Software
- Goldman Sachs in the US$2.08 billion term loans and revolving credit facility in connection with Thoma Bravo’s acquisition of Sophos Group
- Golub Capital Markets in the term loan and revolving credit facility in connection with Thoma Bravo’s US$825 million acquisition of Instructure
- Citibank in the term loan and revolving credit facility in connection with CCMP Capital Advisors’ US$1 billion acquisition of BGIS, an integrated facilities management company, to refinance existing debt
- JP Morgan, Credit Suisse, Barclays, and Citi in the US$10 billion financing package in connection with the acquisition of the Power Solutions business of Johnson Controls
- JP Morgan in the US$500 million senior secured notes offering by Clarios Global, one of the world’s leading providers of advanced energy storage solutions
- Credit Suisse in a term loan and revolving credit facility, concurrent with an equity offering, in connection with SS&C Technologies’ US$8.2 billion acquisition of DST Systems
- Morgan Stanley in a US$970 million term loan and revolving credit facility for 24 Hour Fitness Worldwide
- Barclays Bank in a US$525 million term loan and revolving credit facility in connection with EnCap Investments’ acquisition of Oxy Ingleside Energy Center
- Citibank in a US$125 million ABL revolving credit facility in connection with Loews Corporation’s acquisition of Consolidated Container Company
- Jefferies Finance in a US$1.35 billion term loan and revolving credit facility in connection with Blackstone Capital Partners’ acquisition of EagleClaw Midstream Ventures
- North American Bancard in a term loan and revolving credit facility in connection with its acquisition of Total Merchant Services
- Royal Bank of Canada in a US$150 million revolving credit facility in connection with RegionalCare Hospital Partners’ acquisition of Capella Healthcare
- Credit Suisse in a US$1.7 billion term loan and revolving credit facility in connection with Francisco Partners and Elliot Management’s acquisition of Dell Software Group
- Citibank in the US$3 billion term loans and revolving credit facility in connection with CVC Capital Partners Limited and Canada Pension Plan Investment Board’s acquisition of PETCO Animal Supplies
- Barclays Bank in a term loan and revolving credit facility for The Hertz Corporation
- Citibank in a US$1.75 billion asset based loan for Herc Rentals
- Citibank in the US$1.4 billion term loans and revolving credit facility in connection with PQ Corporation’s acquisition of Eco Services Operations
- Citibank in a US$2.2 billion term loan and revolving credit facility, concurrent with a US$450 million senior bond offering, in connection with Revlon’s acquisition of Elizabeth Arden
- Various mezzanine funds in special situations lending transactions
Direct Lending
- Golub Capital in numerous direct lending and unitranche financing transactions
- HPS Investment Partners in numerous direct lending and unitranche financing transactions
- Other direct lenders and alternative asset managers in direct lending, mezzanine finance, and special situations transactions
Publications
Co-author, “2nd Circ. Ruling is Good for Syndicated Lending Stability,” Law 360, September 2023
Co-author, “Recurring Revenue Loans: Key Considerations for Market Participants,” Thomson Reuters Practice Law, June 2023
Co-author, “United States Lending & Secured Finance,” The Legal 500 Country Comparative Guides, April 2021-2024
Co-author, “United States Acquisition Finance,” The Legal 500 Country Comparative Guides, January 2023
Co-author, “How is the Private Debt Market Scaling up to Back Bigger Transactions,” Private Debt Investor, January 2023
Co-author, “How to Avoid the Preferred Equity Pitfalls,” Private Debt Investor, July 2022
Co-author, “Five Direct Lending Trends for 2022,” Private Debt Investor, April 2022
Co-author, “Direct Lending,” Private Capital Insights, April 2021
“Expert Q&A on Direct Lending” Thomson Reuters Practical Law, 2017
