By Jennifer Chiou
New York, Aug. 31 - Toyota Motor Credit Corp. priced $77 million of floating-rate notes due Sept. 5, 2008 at par to yield Libor minus 3 basis points, according to a 424B3 with the Securities and Exchange Commission.
The agent was Toyota Financial Services Securities USA Corp.
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: | $77 million
|
| Maturity: | Sept. 5, 2008
|
| Security description: | Senior medium-term floating-rate bonds
|
| Agent: | Toyota Financial Services Securities USA Corp.
|
| Coupon: | Libor minus 3 bps
|
| Price: | Par
|
| Yield: | Libor minus 3 bps
|
| Trade date: | Aug. 29
|
| Settlement date: | Sept. 4
|
| Fees: | 0.15%
|
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