Sidley represented Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, in its US$100 million unsecured convertible notes financing commitments. This new financing is expected to help Faraday Future continue to ramp up production of its flagship FF 91 vehicle, as well as support the development of its sales and service system for the vehicle.
The Sidley team was led by Vijay S. Sekhon, and included Feifei Bian and Jessica Li (M&A and Private Equity); Banks Bruce, Kendra Smith, and Caroline Roberts (Global Finance); Michael P. Heinz (Capital Markets); and Christine Duque (Corporate Governance).
