Legal DealFolio - Mercedes-Benz Auto Receivables Trust 2012-1

The Firm recently represented the underwriters, led by Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and RBS Securities Inc., in connection with the asset backed notes offering by Mercedes-Benz Auto Receivables Trust 2012-1, the issuing entity, of $450,000,000 principal amount of 0.23000% Class A-1 Asset Backed Notes, $500,000,000 principal amount of 0.37% Class A-2 Asset Backed Notes, $450,000,000 principal amount of 0.47% Class A-3 Asset Backed Notes and $146,500,000 principal amount of 0.61% Class A-4 Asset Backed Notes. The depositor, Daimler Retail Receivables LLC, will use the net proceeds from the offering to (1) purchase the receivables from the sponsor and servicer, Mercedes-Benz Financial Services USA LLC, (2) deposit an amount into the reserve fund and (3) pay for certain expenses incurred in connection with the issuance and sale of the notes. The receivables consist of motor vehicle installment sales contracts and installment loans purchased by Mercedes-Benz Financial Services USA LLC from dealers or originated by Mercedes-Benz Financial Services USA LLC in connection with the purchase by lessees of leased Mercedes-Benz and smart automobiles, and secured by security interests in the automobiles financed by those contracts or loans. The Simpson Thacher team for the transaction included Laura Palma, Julia Gaffin and Yue Zhang (Capital Markets), Moshe Schwerd (Tax), Jeanne M. Annarumma and Eric Wolf (Executive Compensation and Employee Benefits) and Andrew Pagliughi (Blue Sky).

Deal Date:	20-09-2012	Practice Area:	Debt Capital Markets
Deal Title:	Mercedes-Benz Auto Receivables Trust 2012-1	Industry:	Financial Services
Description:	The Firm recently represented the underwriters, led by Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and RBS Securities Inc., in connection with the asset backed notes offering by Mercedes-Benz Auto Receivables Trust 2012-1, the issuing entity, of $450,000,000 principal amount of 0.23000% Class A-1 Asset Backed Notes, $500,000,000 principal amount of 0.37% Class A-2 Asset Backed Notes, $450,000,000 principal amount of 0.47% Class A-3 Asset Backed Notes and $146,500,000 principal amount of 0.61% Class A-4 Asset Backed Notes. The depositor, Daimler Retail Receivables LLC, will use the net proceeds from the offering to (1) purchase the receivables from the sponsor and servicer, Mercedes-Benz Financial Services USA LLC, (2) deposit an amount into the reserve fund and (3) pay for certain expenses incurred in connection with the issuance and sale of the notes. The receivables consist of motor vehicle installment sales contracts and installment loans purchased by Mercedes-Benz Financial Services USA LLC from dealers or originated by Mercedes-Benz Financial Services USA LLC in connection with the purchase by lessees of leased Mercedes-Benz and smart automobiles, and secured by security interests in the automobiles financed by those contracts or loans. The Simpson Thacher team for the transaction included Laura Palma, Julia Gaffin and Yue Zhang (Capital Markets), Moshe Schwerd (Tax), Jeanne M. Annarumma and Eric Wolf (Executive Compensation and Employee Benefits) and Andrew Pagliughi (Blue Sky).
Financial Center:	New York	Value:	1000.01-5000.00
Advised Party:	Arranger	Law Firm	Simpson Thacher
Assets Jurisdiction	United States	Issuer Jurisdiction	United States
Classification:	Securitisation and Structured Finance Auto Loans	Lawyer	Laura Palma

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Debt Capital Markets Law Firms and Lawyers

Practice Areas - Debt Capital Markets Law Firms and Lawyers