20 March, 2018
Skadden represented Toyota Industries Corporation ("TICO"), the original founding company of the Toyota Group, in its US$1 billion Rule 144A offering of senior unsecured notes in two tranches: a US$500 million of 3.235% senior unsecured notes due 2023 and a US$500 million of 3.566% senior unsecured notes due 2028. The offering was announced on 13 March 2018 and the notes were listed on the Singapore Stock Exchange. The net proceeds from the offering of the notes will be used for general corporate purposes, including capital expenditures and investments in research and development.
The Skadden team includes in Tokyo, Bengoshi partner Mitsuhiro Kamiya, Gaikokuho-jimu-bengoshi partner Kenji Taneda, Asia Pacific counsel Ken Kiyota and associate Yuko Ozaki for corporate; in Palo Alto, Sean Shimamoto and Lisa Pan for tax; and in New York, partner Michael Hoffman for 1940 Act advice.
