Yun Cao is a finance associate in the Hong Kong office of Latham & Watkins. Yun advises financial institutions, private equity sponsors, and corporations on a wide range of cross-border financing transactions, including acquisition/leveraged financings, special situation debt investments, and syndicated corporate financings.
Profile
Experience
Yun’s experience includes advising:
- I Squared Capital on the financing for the acquisition of Philippine Coastal Storage & Pipeline Corp, the largest independent import terminal in the Philippines, from Keppel Infrastructure Trust and Metro Pacific Investments Corporation
- Ontario Teachers’ Pension Plan Board on the financing for its inaugural investment into India – the acquisition of Sahyadri Hospitals Group, an India-based private hospital chain
- EQT on a historic financing in connection with the acquisition by EQT Infrastructure of Integrated Clinical Oncology Network Pty Ltd (Icon Group), Australia’s largest vertically integrated cancer care provider, from a consortium including Goldman Sachs Asset Management, QIC Private Capital Pty Ltd, and Pagoda Investment Advisors; the deal marks the largest-ever all-Australian dollar Term Loan B (TLB) financing on record and the first TLB in Australia to exceed A$1 billion
- Advantage Partners on a leveraged financing of major investment in a Philippine-based information and communications technology solutions provider Micro-D International, Inc.*
- MBK Partners for a real estate related special situation financing*
- HSBC on a syndicated margin loan for a leading insurance company*
- JPMorgan Chase Bank, N.A., Goldman Sachs, Morgan Stanley, and a syndicate of financiers on a pre-IPO revolving loan facilities for DiDi Chuxing*
- Goldman Sachs and Morgan Stanley on a syndicated facility for a Hong Kong subsidiary of KE Holdings Inc.*
- Bytedance on US$1.335 billion term and revolving facilities provided by a syndicate of international banks led by Morgan Stanley*
- Some special situation/credit funds led by Nomura on a special situation financing for a real estate developer with bespoke structure*
- AsiaInfor Group on onshore and offshore multi-tranche facilities led by a syndicate of Taiwanese banks*
- HSBC and some special situation/credit funds on three corporate financings/pre-IPO financings for real estate developers in Hong Kong*
- International Finance Corporation on a corporate financing for an educational business in the PRC*
- China CITIC Bank International Limited in relation to an acquisition financing for the subscription of the rights issuance in a Hong Kong-listed company by a BVI company which in turn for the proposed takeover of an Australia listed pharmaceutical company*
- Ping An Bank and China CITIC Bank on a term loan facility for the acquisition of Wall Street English by CITIC Capital and Baring Private Equity Asia*
- China Merchants Bank on term loan facility for acquisition of approximately 50.75% shares of a Hong Kong listed company by Hony Capital*
- Bank of China and China Merchants Bank on onshore and offshore multi-tranche facilities (with SBLC structure) for the acquisition of 50% stake in a mining company in Argentina by a PRC stated-owned enterprise (listed on the Shanghai Stock Exchange)*
*Matter handled prior to joining the firm
Qualifications
Bar Qualification
- Hong Kong (Registered Foreign Lawyer)
- New York
Education
- LL.M., Cornell Law School, 2015
- LL.B., Tsinghua University School of Law, 2014
Languages Spoken
- English
- Chinese (Cantonese)
- Chinese (Mandarin)
Industries
News & Insights
December 5, 2024
Our Work
An Asia-led team represents the Consortium in this landmark transaction, marking the largest proposed privatization from the Hong Kong Stock Exchange since 2021.
October 24, 2024
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Latham & Watkins Advises I Squared Capital on Its Acquisition of Philippine Coastal Storage & Pipeline Corp
Asia corporate team represents I Squared Capital on its 100% acquisition indirectly of Philippine Coastal Storage & Pipeline Corp (PSCPC) from Keppel Infrastructure Trust (KIT) and Metro Pacific Investments Corporation (MPIC).
September 14, 2023
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August 17, 2022
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April 8, 2022
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