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Published on 5/27/2020 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

Moody’s shifts Toyota Credit Canada view to negative

Moody’s Investors Service said it changed the outlook for Toyota Credit Canada Inc. to negative from under review.

The agency also confirmed the company’s A1 long-term senior unsecured ratings. Moody’s said it concluded its review for downgrade on the company, which started March 27.

The actions mirror those on the Toyota Credit’s parent Toyota Motor Corp., Moody’s said.


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