By Jennifer Chiou
New York, Nov. 5 - Toyota Motor Credit Corp. priced $200 million of floating-rate notes (Aaa/AAA) due Feb. 6, 2009 at par to yield Prime minus 276.5 bps, according to a 424B3 filing with Securities and Exchange Commission.
Interest will be payable quarterly.
The agent was HSBC Securities (USA) Inc. Inc.
Torrance, Calif.-based Toyota Motor Credit is the U.S. financing arm of Toyota Financial Services, a subsidiary of Toyota Motor Corp., the largest carmaker in Japan.
| Issuer: | Toyota Motor Credit Corp.
|
| Amount: | $200 million
|
| Maturity: | Feb. 6, 2009
|
| Security description: | Senior medium-term floating-rate notes
|
| Agent: | HSBC Securities (USA) Inc. Inc.
|
| Coupon: | Prime minus 276.5 bps
|
| Price: | Par
|
| Yield: | Prime minus 276.5 bps
|
| Trade date: | Nov. 2
|
| Settlement date: | Nov. 7
|
| Ratings: | Moody's: Aaa
|
| S&P: AAA
|
| Fees: | 0.01%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
