By Andrea Heisinger
New York, Sept. 4 - Toyota Motor Credit Corp. priced $200 million 13-month floating-rate notes Thursday at par to yield Federal Funds rate plus 50 basis points, according to an FWP filing with the Securities and Exchange Commission.
The medium-term notes (Aaa/AAA/) have interest paid quarterly.
J.P. Morgan Securities Inc. was the agent.
The U.S. financing arm of Toyota Financial Services is based in Torrance, Calif.
| Issuer: | Toyota Motor Credit Corp.
|
| Issue: | Floating-rate medium-term notes
|
| Amount: | $200 million
|
| Maturity: | Oct. 2, 2009
|
| Agent: | J.P. Morgan Securities Inc.
|
| Coupon: | Federal Funds rate plus 50 bps
|
| Price: | Par
|
| Yield: | Federal Funds rate plus 50 bps
|
| Trade date: | Sept. 4
|
| Settlement date: | Sept. 9
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
