By Andrea Heisinger
Omaha, Feb. 15 - Toyota Motor Credit Corp. priced $150 million 13-month floating-rate medium-term notes (Aaa/AAA) Friday at par to yield Prime rate minus 279 basis points, according to an FWP filing with the Securities and Exchange Commission.
Interest is payable quarterly.
Banc of America Securities LLC was the agent.
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: | $150 million
|
| Maturity: | March 18, 2009
|
| Agent: | Banc of America Securities LLC
|
| Coupon: | Prime rate minus 279 bps
|
| Price: | Par
|
| Yield: | Prime rate minus 279 bps
|
| Trade date: | Feb. 15
|
| Settlement date: | Feb. 21
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
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