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Published on 6/11/2021 in the Prospect News Investment Grade Daily.

New Issue: Toyota sells $25 million more notes due 2024; total now $205 million

By Devika Patel

Knoxville, Tenn., June 11 – Toyota Motor Credit Corp. sold another $25 million of 0.5% three-year notes, lifting the total to $205 million from $180 million, according to a 424B2 filing with the Securities and Exchange Commission.

The notes priced at par on June 4.

The notes are callable at par on June 14, 2023.

Toyota Motor Credit is a Torrance, Calif.-based financing arm and subsidiary of Toyota Motor Corp.

Issuer:Toyota Motor Credit Corp.
Issue:Notes
Amount:$205 million, increased from $180 million
Maturity:June 14, 2024
Coupon:0.5%
Price:Par
Yield:0.5%
Call:At par on June 14, 2023
Trade date:June 4
Settlement date:June 14
Distribution:SEC registered

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