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Published on 1/8/2008 in the Prospect News Investment Grade Daily.

New Issue: Toyota Motor Credit prices $100 million 13-month floaters to yield one-month Libor plus 5 bps

By Andrea Heisinger

Omaha, Jan. 8 - Toyota Motor Credit Corp. priced $100 million in 13-month floating-rate medium-term notes at par, according to an FWP filing with the Securities and Exchange Commission.

The notes were priced to yield one-month Libor plus 5 basis points, payable monthly.

RBS Greenwich Capital Markets, Inc. was the bookrunner.

The U.S. arm of Toyota Financial Services is based in Torrance, Calif.

Issuer:Toyota Motor Credit Corp.
Issue:Floating-rate medium-term notes
Amount:$100 million
Maturity:Feb. 6, 2009
Bookrunner:RBS Greenwich Capital Markets, Inc.
Coupon:One-month Libor plus 5 bps, payable monthly
Price:Par
Yield:One-month Libor plus 5 bps
Trade date:Jan. 7
Settlement date:Jan. 11
Ratings:Moody's: Aaa
Standard & Poor's: AAA

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