Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

News Dec 04, 2018

$15 Billion Refinancing for Toyota Motor Credit Corporation

Shearman & Sterling advised BNP Paribas, as administrative agent, on a $15 billion refinancing for Toyota Motor Credit Corporation and some of its affiliates, consisting of a $5 billion 364-Day credit facility, a $5 billion 3-year credit facility and a $5 billion 5-year credit facility.

Toyota Motor Credit Corporation provides various finance and insurance products to authorized Toyota and Lexus dealers or dealer groups, and other domestic and import franchise dealers in the United States and Puerto Rico. Toyota Motor Credit Corporation is headquartered in Plano Texas.

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