Chao, Joshua

Joshua Chao

Counsel

josh.chao@lw.com
    Chao, Joshua

    Joshua Chao

    Counsel

    josh.chao@lw.com

    Profile

    Joshua Chao is a counsel in the San Diego office of Latham & Watkins and a member of the Finance Department and Banking Practice.

    Joshua represents corporate borrowers, investment banks, direct lenders, and other financial institutions in connection with corporate finance transactions across a broad range of industries, with a particular focus on leveraged finance in the context of acquisitions, refinancings, and recapitalizations. His experience also includes advising on high yield debt securities and cross-border transactions.

    Experience

    Joshua’s experience includes advising:

    • Sixth Street Partners, LLC, Ares Management LLC, Oaktree Capital Management, L.P., and other private credit lenders on a FILO term loan financing for the acquisition of Walgreens Boots Alliance, Inc. by Sycamore Partners Management, L.P.
    • Lead arrangers and agents on a US$525 million term loan and revolving credit facility for the Enterprise Development Authority (a governmental instrumentality of the Estom Yumeka Maidu Tribe of the Enterprise Rancheria)
    • Citizens Bank, N.A. on an approximately US$263 million revolving credit facility for Mohegan Tribal Gaming Authority (a governmental instrumentality of The Mohegan Tribe of Indians of Connecticut)
    • Eldorado Resorts, Inc. in its US$17.3 billion acquisition financing and merger with Caesars Entertainment, Inc.
    • Credit Suisse Loan Funding LLC and other arrangers on US$3.1 billion, US$2.0 billion, and approximately US$5.7 billion term loan refinancings for Albertson’s LLC*
    • Royal Bank of Canada and other arrangers on a US$1.97 billion term loan and revolving credit facility and €750 million term loan credit facility for GTT Communications, Inc. and GTT Communications B.V.*
    • TD Securities (USA) LLC and other arrangers on a US$900 million term loan credit facility and CAN$575 million revolving credit facility for BRP US Inc. and Bombardier Recreational Products Inc.*
    • Credit Suisse Securities (USA) LLC and other arrangers on a US$3.712 billion term loan and revolving credit facility for Calpine Construction Finance Company, L.P.*

    Other representative matters including advising the lead arrangers and agents on:

    • US$705 million term loan and revolving credit facility in connection with New Mountain Capital’s acquisition of Triage Consulting Group
    • US$545 million term loan and revolving credit facility for Corel Corporation*
    • US$1.425 billion term loan and revolving credit facility for LTI Holdings, Inc.*
    • US$3.510 billion term loan and revolving credit facility for DTZ U.S. Borrower, LLC (a subsidiary of Cushman & Wakefield plc)*
    • US$1.4 billion term loan and revolving credit facility for VeriFone, Inc.*
    • US$3.4 billion, US$2.6 billion and US$2.7 billion term loan refinancings for Asurion LLC*

    *Matter handled prior to joining Latham

    Qualifications

    Bar Qualification

    • California
    • New York

    Education

    • JD, Northwestern University School of Law
    • MIMS, University of California, Berkeley
    • BA, University of California, Berkeley

    Practices

    Industries

    Recognition

    Badges and Logos_Law360_Fintech Group of the Year_2024
    February 20, 2025 Recognition

    Fintech Group of the Year: Latham

    Firm honored by Law360 for advising startups, financial institutions, VCs, digital asset and Web3 participants, and corporations on their most innovative and complex transactions, investigations, litigation, and regulatory matters.

    News & Insights

    Oil and gas platform with offshore vessel transporting cargo
    April 23, 2024 Our Work

    Latham Advises on Refinancing for Vallourec S.A.

    Cross-border capital markets and banking team advises on US$820 million senior notes offering, €550 million multi-currency revolving credit facility, and US$350 million ABL facility in connection with the refinancing for the premium tubular solutions company for the energy markets and for industrial applications.