By Andrea Heisinger
Omaha, March 5 - Toyota Motor Credit Corp. priced $250 million of 13-month floating-rate medium-term notes Wednesday at par to yield Prime rate minus 273 basis points, according to an FWP filing with the Securities and Exchange Commission.
The notes (Aaa/AAA) will pay interest quarterly.
HSBC Securities (USA) Inc. was the agent.
The U.S. arm of Toyota Financial Services is based in Torrance, Calif.
Issuer: | Toyota Motor Credit Corp.
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Issue: | Floating-rate medium-term notes
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Amount: | $250 million
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Maturity: | April 3, 2009
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Agent: | HSBC Securities (USA) Inc.
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Coupon: | Prime rate minus 273 bps
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Price: | Par
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Yield: | Prime rate minus 273 bps
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Trade date: | March 5
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Settlement date: | March 10
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Ratings: | Moody's: Aaa
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| Standard & Poor's: AAA
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