We represented Chrysler LLC and Daimler Chrysler Financial Services Americas LLC in connection with an aggregate of $20 billion of secured credit facilities that were obtained concurrently with Cerberus Capital Management, L.P's acquisition of an 80.1% in the Chrysler automotive manufacturing business and financial services company from Daimler AG. These credit facilities required complex negotiations during the first signs of tightening in the syndicated loan markets. Finance Group attorneys worked closely with colleagues in many of the firm's other practice groups to coordinate the credit facilities with the intricacies of the acquisition, including refinancing indebtedness in multiple foreign jurisdictions and integrating the credit facilities with various securitization facilities.