Image of Ashley Shan

Xueqing Shan (Ashley Shan)

Associate

Ashley primarily advises private equity sponsors, their portfolio companies and public and private companies on all aspects of financing transactions, including leveraged and investment grade committed financings, broadly syndicated loans, private credit loans, asset-based loans and DIP financings, across a broad range of industries. She also has experience with fund finance and structured finance.
Her clients include Atlas Holdings, J.F. Lehman & Co., CVS Health, Quest Diagnostics, Avantor, and Ardagh Metal Packaging, among others.

Expertise

Industries

Experience

Representative matters

  •  Ardagh Metal Packaging S.A. and certain of its subsidiaries on  a EUR269m (approximately USD300m) senior secured term loan facility provided by certain investment funds and other entities managed by affiliates of Apollo Capital Management, L.P.
  • Caris Life Sciences on a USD400m senior secured term loan facility provided by OrbiMed and Braidwell.
  • J.F. Lehman & Company on the closing of a single-asset continuation vehicle for PURIS, LLC, a leading water infrastructure solutions provider.
  • Vice Media on a debtor-in-possession financing in connection with its Chapter 11 cases in the United States Bankruptcy Court for the Sourthern District of New York. 
  • Chesapeake Utilities Corporation on the financing aspects of its USD923m acquisition of Florida City Gas from NextEra Energy. 
  • Atlas Holdings and its affiliates in connection with the acquisition financing of U.S. Farathane.
  • Motus Integrated Technologies in connection with its asset-based lending facility agented by Wells Fargo.
  • A multinational financial institution Capital Partners in connection with the acquisition financing for People Corporation and related multiple financings.
  • A multinational financial institution Capital Partners in connection with the financings for Human Security.

Pro bono

  • Advised The Nature Conservancy (TNC) on an innovative debt-for-nature swap transaction for the country of Belize, the largest sovereign debt restructuring for marine conservation at the time.  The transaction enabled Belize to refinance its external debt, make ambitious commitments to protect 30% of its ocean, strengthen governance for fisheries, and establish a coastal blue carbon project framework through a unique collaboration between a government, an environmental NGO, an investment bank, the US DFC, and parametric insurers. Awarded ”Innovative Bond Structure (Sustainability Bond)” and “Sustainability Bond of the Year (Sovereign)” atEnvironmental Finance’s Bond Awards, the “Grunin Prize for Law and Social Entrepreneurship” , and “Deal of the Year (Debt and Equity-Linked)” by IFLR Americas.; A&O Shearman (f.k.a. Shearman & Sterling LLP) was also awarded FT Innovative Lawyers’ “Innovation in Sustainability for Clients ) Award”.
  • Provides legal intake and referral services to NYC-based artists and creators on a variety of legal issues through Volunteer Lawyers for the Arts’s legal clinics.
  • Provides legal intake and referral services to AANHPI communities in NYC through Asian American Bar Assocation of New York’s pro bono clinics.
  • Provides ongoing litigation survey support to the University of Michigan Law School’s Civil Rights Litigation Clearinghouse database through the Law Firm Antiracism Alliance.

Published Work

  • Read Ryan, Jr., Mark J. Shapiro, Bjorn Bjerke & Ashley Shan (2021), “The Scope of Article 8 Mandatory Choice-of-Law Rule”, New York, NY: New York Law Journal.

Speaking Engagements

  • Moderator, Foreign Collateral Panel (Subcommittee Meeting), ABA Business Law Section Spring Meeting, April 2024.
  • Speaker, Entertainment Finance Panel (Subcommittee Meeting), ABA Business Law Section Fall Meeting, September 2023.

Qualifications

Admissions

Admitted, State of New York, 2020

Academic

JD & LLM, Duke University School of Law, 2019

BA, Vanderbilt University, 2016

Languages

English; Chinese (Mandarin)
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.