Image of John Chua

Cheng Aik Chua (John Chua)

Associate

John represents leading financial institutions, investment funds and private equity firms (including private credit arms) in a wide range of financing transactions, including leveraged and investment-grade committed financings and refinancings, private capital transactions, syndicated bank loans, acquisition finance and asset-based finance.

Some of his leading clients include Vista Credit Partners, Golub Capital and Brookfield. John's previous experience includes practicing in the finance group of a leading international law firm in Singapore.

Expertise

Industries

Experience

Representative matters

  • Credit Suisse and a large UK investment bank, as Arrangers, Bank of Montreal as First & Second Lien Administrative Agent, a large UK investment bank, as ABL Administrative Agent, and additional Arrangers, on a $2.021 billion financing for the acquisition of Bayer Environmental Science by Cinven, a carve-out transaction of Bayer AG's environmental science business. The financing includes a $1.346 billion first lien term loan facility, a $300 million second lien term loan facility, a $225 million revolving credit facility and a $150 million ABL facility.
  • A large private credit fund manager, as First Lien Administrative Agent, on a $250 million financing for the acquisition of a large retail chain in Texas by a large private equity firm.
  • Morgan Stanley as Administrative Agent, on an amendment to Sensata Technologies' existing $420 million secured revolving credit facility to extend the maturity date of the revolving credit loans thereunder and to add a $330 million incremental upsize, to finance general corporate purposes.
  • UBS AG, Stamford Branch as Administrative Agent, on an amendment to Bella Holding Company, LLC's existing $750 million first-lien term loan facility and $300 million second-lien term loan facility for the financing of MedRisk by CVC Capital.
  • Vista Credit Partners, as Administrative Agent, on a $175 million term loan facility (ARR financing) for Demandbase.
  • Brookfield Infrastructure Group LLC and affiliates, as Lenders and Administrative Agent, on a $250 million back-leverage debt facility for PosiGen Backleverage, LLC, a subsidiary of the Sponsor PosiGen, Inc. 
  • Boston Scientific Corporation, as Borrower, on a second amendment to its existing $2.75 billion revolving credit facility, agented by Wells Fargo Bank, National Association. 
  • Private Export Funding Corporation, as Issuer, and the Export-Import Bank of the United States, as Guarantor, in respect of the ninety-sixth secured notes series (4.300% Series RR $350m Secured Notes due December 15, 2028), ninety-seventh secured notes series (4.600% Series SS $300m Secured Notes due February 15, 2034) and ninety-eighth secured notes series (3.650% Series TT $325m Secured Notes due March 15, 2030).
  • A large US investment bank, as Administrative Agent and Collateral Agent, on a $135 million first lien term loan facility, the proceeds of which are to be used for a management buyout of a New York based real estate development firm.
  • A private credit arm of a large private equity firm, as Administrative Agent and Collateral Agent, on a $75 million term loan facility for a growth stage SaaS company, the proceeds of which are to be used for refinancing existing loans, working capital and general corporate purposes.
  • A global financial institution  as Administrative Agent, on an amendment to an existing $1.7 billion revolving credit facility for LPL Holdings to finance general corporate purposes.
  • A global financial institution Bank, N.A. as Administrative Agent, on an amendment to an existing $600 million term loan facility for Whirlpool Corporation to finance general corporate purposes.
  • A large US investment bank, as First Lien Administrative Agent, on an amendment to an existing $85 million first lien revolving credit facility.

Pro bono

  • Advising the Lower Eastside Girls Club of New York on various finance matters. 

Leadership Positions And Professional Affiliations

  • Member of the Asian American Bar Association of New York

Qualifications

Admissions

Attorney-at-Law, New York

Advocate and Solicitor, Singapore

Academic

New York University School of Law, LL.M.

National University of Singapore, LL.B. (First Class Honors)

Languages

English

Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.