Yichao (Sylvia) Zhang

sylvia.zhang2@lw.com

+1.212.906.4810

Structured Finance

Profile

Sylvia Zhang is an associate in the New York office of Latham & Watkins.

Sylvia advises financial institutions, private equity sponsors, asset managers, and corporate issuers on a wide range of financing transactions, including securitization, structured finance, royalty-backed financings, credit facilities, and other secured lending arrangements. She has particular experience with:

Digital infrastructure securitizations, including data center and GPU financings
Warehouse facilities
Receivables securitizations
Consumer loan securitizations
Affordable housing securitizations

Experience

Sylvia’s experience includes representing:

DailyPay on its first-of-its-kind asset-backed bond securitization backed by on-demand pay receivables
Harley-Davidson in its strategic partnership with KKR and Pimco
Coatue in connection with Blackstone and Coatue’s US$10 billion debt financing for Firmus Technologies to scale energy-efficient AI infrastructure
Blue Owl Capital on its:
- Strategic investment, a nondilutive, nonrecourse royalty-backed loan of up to US$140 million, in XOMA Corporation*
- Strategic investment, a US$300 million royalty financing and a US$450 million credit facility, in BridgeBio Pharma*
Blue Owl Capital and HealthCare Royalty on a US$250 million term loan facility with TG Therapeutics*
Uber Technologies on its:
- US$5 billion investment-grade revolving credit facility*
- US$4 billion investment-grade bond offering*

*Matter handled prior to joining Latham

Qualifications

Bar Qualification

New York

Education

JD, Cornell Law School, 2022
Notes Editor, Cornell International Law Journal
LLM, Georgetown University Law Center, 2017
Dean's List
LLB, Shanghai Jiao Tong University, 2016
with distinction

Languages Spoken

Chinese (Mandarin)
English

Practices

Industries

Medium angle of people cheering at a concert.

May 11, 2026 Our Work

Latham & Watkins Advises Blackstone and Recognition Music Group on ABS Structures Supporting Sony Music Publishing’s Acquisition of Recognition Music Catalog

Structured Finance team advised on asset-backed financing aspects of the transaction.

Medium angle of abstract blue data concept.

February 13, 2026 Our Work

Latham Represents Coatue in Connection With Blackstone and Coatue’s US$10 Billion Debt Financing for Firmus Technologies to Scale Energy-Efficient AI Infrastructure

Firm advises on debt financing led by Blackstone and supported by Coatue for the AI infrastructure company, marking one of the largest private debt financings in Australian history.

Medium angle of dashboard and handlebars of Harley Davidson Road King motorcycle.

July 30, 2025 Our Work

Latham & Watkins Advises Harley-Davidson in Strategic Partnership With KKR and Pimco

Multidisciplinary team led by members of the firm’s M&A and Structured Finance Practices represents Harley-Davidson in transaction monetizing HDFS through sale of existing and future retail loans.