According to sources, “He is brilliant — he's extremely creative and always on top of things.”
Chambers USA 2021

“An early pioneer in the direct lending market and a go-to advisor in the space”
Private Debt Investor Rising Star Awards 2020: Lawyers

Alfred Y. Xue

New York
  • 1271 Avenue of the Americas
  • New York, NY 10020
  • USA
 
 

Alfred Xue is a partner in the New York office of Latham & Watkins. He represents lead arrangers, direct lenders, and other financial institutions in leveraged finance transactions, with a particular focus on cross-border transactions and acquisition financings. Mr. Xue is a member of the Banking, Capital Markets, and Restructuring & Special Situations Practices.

Mr. Xue's representative clients include various investment banks, direct lenders, leading domestic banks, and leading European financial institutions, including:

  • Barclays Bank
  • Citibank
  • Goldman Sachs
  • Golub Capital Markets
  • HPS Investment Partners
  • Jefferies Finance
  • JPMorgan Chase Bank
  • Morgan Stanley
  • Royal Bank of Canada

He is also a member of Latham’s Finance Department’s Opinions and Confirmations Committee and the firm’s Recruiting Committee.

Recognition Highlights
  • Recognized as Up and Coming for Banking & Finance by Chambers USA 2021
  • Named a Top 500 Leading Dealmaker in America by LawDragon 2021
  • Named a Rising Star for Banking by Law360 2020
  • Named a Rising Star by the New York Law Journal 2019
  • “Leads complex financings for an exceptional roster of clients around the world” NYLJ Rising Star Awards 2019
  • Described as “highly rated” and recommended as a Next Generation Partner for Commercial Lending The Legal 500 US 2017-2020

Mr. Xue's experience includes representing:

Leveraged Finance
  • 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, “Direct Lending,” Private Capital Insights, April 2021 

Co-author, “United States Lending & Secured Finance,” The Legal 500 Country Comparative Guides, April 2021

“Expert Q&A on Direct Lending” Thomson Reuters Practical Law, 2017

 
 
 
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