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Published on 4/16/2020 in the Prospect News Bank Loan Daily, Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

Fitch changes Toyota Motor Credit view

Fitch Ratings said it affirmed the ratings for Toyota Motor Credit Corp. and its affiliates, Toyota Motor Finance (Netherlands) BV, Toyota Credit Canada Inc., Toyota Finance Australia Ltd. and Toyota Kreditbank GmbH at A+/F1.

The outlook was revised to negative from stable.

“The revision of TMCC's outlook to negative from stable is driven by the revision of Toyota Motor Corp.'s (TMC) outlook to negative from stable,” the agency said in a news release.


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