Chicago, July 11 – Toyota Credit Canada Inc. sold C$300 million of 5.29% notes due 2026 (A1/A+), according to a term sheet.
Toyota Motor Corp. and Toyota Financial Services Corp. are credit support providers.
The bonds priced at 99.975 to yield 5.299%.
BMO Nesbitt Burns Inc., RBC Dominion securities Inc., Scotia Capital Inc., CIBC World Markets Inc. and TD Securities Inc. are the managers for the Regulation S issue.
Toyota Credit Canada is a financing arm and subsidiary of Toyota Motor Corp.
| Issuer: | Toyota Credit Canada Inc.
|
| Amount: | C$300 million
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| Issue: | Notes
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| Maturity: | July 13, 2026
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| Bookrunners: | BMO Nesbitt Burns Inc., RBC Dominion securities Inc., Scotia Capital Inc., CIBC World Markets Inc. and TD Securities Inc.
|
| Coupon: | 5.29%
|
| Price: | 99.975
|
| Yield: | 5.299%
|
| Call features: | Non-callable
|
| Trade date: | July 5
|
| Settlement date: | July 12
|
| Ratings: | Moody’s: A1
|
| S&P: A+
|
| Distribution: | Regulation S
|
| ISIN: | CA892329BU66
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