King & Spalding LLP works with a wide client roster that encompasses transportation industry companies (such as General Motors, Genuine Parts Company and UPS) as well as major banks and private creditor providers that provide financing for transportation asset acquisitions and dispositions. The large group also advises on the leasing of transportation-related assets. The team has enviable experience in advising on financing structures for rolling stock, locomotives, chassis, containers, automobiles, tractors, and other equipment across North America. Its expertise covers operating, leveraged, capital and synthetic leases, along with syndicated and single-bank credit facilities. The practice additionally assists with the purchase and sale of rolling stock. Routinely representing transportation industry-related financial sponsors and portfolio companies, Charlotte-based Christopher Buchanan is experienced in a range of transportation-related financing structures that include cash flow and asset-based loan facilities, while Atlanta-based restructuring and bankruptcy expert Jeff Dutson is highly rated for workouts that include equipment and leasing structures. In New York, the team further features Peter Montoni, who advises on the financing of transportation assets; and Todd Holleman, a specialist in private credit and special situations investing. Former banking and institutional finance leader Ronald Lovelace left the firm in February 2023.

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Key clients

  • Truist Bank (formerly SunTrust Bank)
  • Wells Fargo Rail Corporation
  • KKR Credit Advisors
  • General Motors
  • Genuine Parts Company
  • UPS
  • JPMorgan Chase Bank

Work highlights

  • Assisted General Motors Company with completion of the offering of $2.25bn of green bonds.
  • Advised a US energy company on its hydrogen fuel initiative and leasing program to provide fuel resources to customers.
  • Advised on an investment into a company that provides passenger and freight train operators across Europe with tailor-made leasing packages.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Practice head

The lawyer(s) leading their teams.

Todd Holleman

Other key lawyers

Christopher Buchanan, Jeff Dutson, Peter Montoni