Type: News Releases
SAN FRANCISCO (November 24, 2015) - Reed Smith recently represented Toyota Motor Credit Corporation and several of its sister companies in a $15 billion syndicated credit facility. The transaction involved borrowers in seven different countries, was syndicated to banks around the world, and is believed to be one of the largest such transactions in existence in the syndicated loan market. The financing including a $5 billion 364-day credit facility, a $5 billion 3-year credit facility and a $5 billion 5-year credit facility.
“We are excited that Susan Alker continues to partner with Toyota to advise us on our syndicated credit facility,” said Jonathan Cowan National Manager – Rate Desk & Derivatives at Toyota Financial Services. “Her experience and professionalism are well known throughout the industry and are evident in the exceptional results she delivers for Toyota year in and year out. We are extremely comforted knowing that Susan and her team at Reed Smith are representing Toyota in one of its largest and most significant transactions.”
The Reed Smith team included San Francisco partner Susan Alker and San Francisco associate James Kirby.
About Reed Smith
Reed Smith is a global relationship law firm with more than 1,800 lawyers in 26 offices throughout the United States, Europe, Asia and the Middle East. Founded in 1877, the firm represents leading international businesses, from Fortune 100 corporations to mid-market and emerging enterprises. Its lawyers provide litigation and other dispute resolution services in multi-jurisdictional and other high-stakes matters; deliver regulatory counsel; and execute the full range of strategic domestic and cross-border transactions. Reed Smith is a preeminent advisor to industries including financial services, life sciences, health care, advertising, entertainment and media, shipping and transport, energy and natural resources, real estate, manufacturing and technology, and education. For more information, visit reedsmith.com.
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