Recent Work – Structured Factoring Facility for Japanese Finance Company
The Law Office of Stephen K. Sawyier recently represented a major Japanese finance company as purchaser in a $50,000,000 structured factoring facility to the major U.S. multinational. The transaction factored only accounts of designated obligors and was structured by way of inter-creditor arrangements to fit within existing restrictions in the main short and medium term debt facilities of the U.S. multinational. The facility is off balance sheet for the U.S. multinational. The Factoring Facility was drafted by The Law Office of Stephen K. Sawyier.