By Andrea Heisinger
New York, Jan. 12 - Toyota Motor Credit Corp. reopened its floating-rate medium-term notes Monday to add $42.5 million, according to a 424B3 filing with the Securities and Exchange Commission.
The notes (Aaa/AAA/) priced at 100.0287, plus accrued interest from Jan. 13, with a coupon of three-month Libor plus 125 basis points.
The notes are non-callable and have interest paid quarterly.
Total issuance is $192.5 million, including $150 million issued Jan. 13.
Agents were Banc of America Securities LLC, Barclays Capital Inc. and Citigroup Global Markets Inc.
The U.S. funding arm of Toyota Financial Services is based in Torrance, Calif.
| Issuer: | Toyota Motor Credit Corp.
|
| Issue: | Floating-rate medium-term notes
|
| Amount: | $42.5 million reopened
|
| Maturity: | Jan. 14, 2010
|
| Agents: | Banc of America Securities LLC, Barclays Capital Inc., Citigroup Global Markets Inc.
|
| Coupon: | Three-month Libor plus 125 bps
|
| Price: | 100.0287 plus interest from Jan. 13
|
| Call: | Non-callable
|
| Trade date: | Jan. 12
|
| Settlement date: | Jan. 15
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Total issuance: | $192.5 million, including $150 million issued Jan. 13
|
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