Tara E. Castillo

Lender Finance

• Represented the administrative agent and a senior lender in a $100 million syndicated financing facility of online marketplace consumer loans and credit card receivables originated by a fintech platform.
• Represented a senior lender in a credit facility to an online platform secured by personal loans to physicians and dentists originated by a fintech platform.
• Represented the administrative agent and lender a senior lender in a credit facility secured by motorcycle leases.
• Represented a senior lender in a credit facility to a wholly-owned special- purpose subsidiary of the leading provider of residential lease-to-own products for the heating, ventilation, and air conditioning (HVAC) industry.
• Represented the administrative agent and lender in a credit facility to a wholly-owned special-purpose subsidiary of the leading provider of income share agreements (ISA) for students across higher and alternative education.
• Represented the lead arranger and administrative agent in a $350 million senior secured floorplan credit facility relating to certain eligible new, used, and rental recreational vehicles.

Fintech Platforms

• Counsel to a global financial technology company regarding a decline loan approval auto purchase program.
• Represented a lender in credit facility to a wholly-owned special purpose subsidiary of a fintech provider of technology-enabled MCA and SaaS receivables.
• Counsel to a national marketplace lending company specializing in online personal loans in its inaugural $75 million warehouse facility.
• Counsel to the purchaser in a forward flow purchase arrangement of home improvement loans from a leading embedded platform that finances home services.
• Represented a startup app-based vehicle subscription leasing company in its acquisition and financing of a vehicle lease portfolio originated by one of the first rideshare market competitors, and the establishment of various warehouse credit facilities to finance its consumer and rideshare vehicle subscription lease programs.

Other Finance Representations

• Represented a U.S. finance subsidiary of a global automobile manufacturer in its issuance of medium-term notes in the U.S. and Europe pursuant to its $25 billion program and $11 billion program, respectively.
• Represented the leading U.S. provider of packaging solutions for a wide variety of consumer products in its trade receivables and supplier finance programs.
• Counsel to a major nationally recognized statistical rating organization advising on legal compliance with the Dodd–Frank Act.
• Represented a leading insurance premium finance lender in several financings, including a multibank conduit-funded credit facility secured by insurance premium finance loans.

Cross-Border Financings

• Represented one of the world’s largest chemical companies on the U.S.-related legal aspects of its €1.5 billion multinational trade receivables loan facility.
• Represented a South Korean senior lender in its first U.S. cross-border investment in the form of a $25 million secured loan to a marketplace lender and 10 of its originator subsidiaries.
• Borrower’s counsel to the specialty finance subsidiary of a publicly traded company that provides collector car financing solutions to high-net-worth individuals and businesses in the U.S., Canada, and Europe in connection with its $75 million cross border warehouse financing facility.
• Served as U.S. counsel to a Canadian auto finance company in private debenture offerings totaling more than $7.5 billion CAD.
• Served as U.S. counsel to a Canadian bank in connection with $20 million senior secured revolving credit facility involving small business loans.
• Counsel to a publicly traded timeshare finance company in its warehouse and 144A securitization program involving timeshare receivables originated with respect to resorts located in the United Kingdom, Barbados, and Mexico.

Mergers & Acquisitions

• Structured finance counsel to the acquiror in the negotiation of the timeshare receivables financing and securitization aspects of an acquisition resulting in the largest upper-upscale and luxury timeshare operator, with a transaction value of approximately $3 billion. The transaction was named the largest hospitality M&A deal of 2021 by Dealogic.
• Counsel to a financial institution in the purchase and sale of a credit card receivables portfolio and certain other securitization assets relating to a $2 billion public credit card securitization program.
• Counsel to a publicly traded company and acquiror in the negotiation of the timeshare receivables financing and securitization aspects of a $1.6 billion acquisition.