Biography
Dax Zhang is an associate in Weil’s Banking & Finance practice and is based in New York. Dax participates in advising borrowers, private equity sponsors, banks and other financial institutions in a variety of financing transactions, including first and second lien credit facilities, middle market and large cap financings, cross-border and domestic acquisition financings and debt restructuring transactions.
Dax has been part of the teams advising on the following matters:
- BroadStreet Partners, Inc. (a portfolio company of Ontario Teachers’ Pension Plan) in connection with:
- a $3.5 billion syndicated debt refinancing of its existing term loan facilities
- in its $62 million incremental senior secured term and incremental revolving facility
- in a $1.4 billion senior secured term and incremental revolving facility to finance its acquisition of Westland Insurance Group Ltd. and, with Westland Insurance Group Ltd., in a $1.28 billion senior secured term loan facility
- Citibank, as administrative agent, in a $2.75 billion senior unsecured revolving facility for Becton, Dickinson and Company
- Core Scientific, Inc. in its $80 million first lien senior secured term loan facility upon emerging from chapter 11 bankruptcy proceedings
- The Kroger Company in connection with:
- a committed senior unsecured bridge financing to support its $24.6 billion acquisition of Albertsons Companies, Inc.
- a $10.5 billion offering of senior notes to finance a portion of the merger between The Kroger Co. and Albertsons Companies Inc.
- a $2.75 billion unsecured revolving facility
- a $4.75 billion senior unsecured term facility
- a $5 billion senior unsecured revolving facility
- TruArc Partners, as sponsor, in its senior secured term and revolving facility for Watchtower Buyer, LLC to finance the acquisition of Watchtower Security, LLC
- Westinghouse Electric Company, LLC (a portfolio company of Brookfield Business Partners) in a senior secured term loan and revolving facility
Dax received his J.D. from Emory University School of Law, where he served as a Notes and Comments Editor of Emory Bankruptcy Developments Journal, and his LL.B. from East China University of Political Science and Law. He is a native Mandarin speaker.