Shearman & Sterling represented Banc of America Securities LLC, Citigroup Global Markets Inc. and The Bank Tokyo-Mitsubishi UFJ, LTD as joint lead arrangers and joint book managers of a $5 billion, 364-day credit facility for Toyota Motor Credit Corporation and some of its affiliates.

Toyota Motor Credit Corporation is the US financing arm of Toyota Financial Services, a subsidiary of Toyota Motor Corporation, the largest carmaker in Japan.

The Shearman & Sterling team was led by partner Bill Hirschberg (New York-Finance Group), counsel Susan Hobart (New York-Finance Group) and associate Hilary Allen (New York-Finance Group).

For additional information contact: Ron Brandsdorfer | New York | T +1.212.848.5081 |