New Issue: Toyota Motor Credit prices $250 million two-year floaters to yield Libor plus 5 bps

By Andrea Heisinger

Omaha, June 12 - Toyota Motor Credit Corp. priced $250 million two-year floating-rate medium-term notes at par to yield three-month Libor plus 5 basis points, according to a 424B3 filing with the Securities and Exchange Commission.

The notes (Aaa/AAA/) will pay interest quarterly.

Agents were J.P. Morgan Securities Inc., Barclays Capital Inc., RBC Capital Markets and Citigroup Global Markets Inc.

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:	$250 million
Maturity:	June 16, 2010
Agents:	J.P. Morgan Securities Inc., Barclays Capital Inc., RBC Capital Markets, Citigroup Global Markets Inc.
Coupon:	Three-month Libor plus 5 bps
Price:	Par
Yield:	Three-month Libor plus 5 bps
Trade date:	June 10
Settlement date:	June 16
Ratings:	Moody's: Aaa
	Standard & Poor's: AAA

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