New Issue: Toyota Motor Credit prices $250 million one-year floaters to yield Fed. Funds plus 25 bps

By Andrea Heisinger

New York, Dec. 9 - Toyota Motor Credit Corp. priced $250 million of one-year floating-rate medium-term notes, according to FWP filings with the Securities and Exchange Commission.

The notes (Aa2/AA/) priced at par to yield Federal Funds rate plus 25 basis points. They are non-callable.

Agents were RBC Capital Markets Corp., Toyota Financial Services Securities USA Corp., UBS Securities LLC and Williams Capital Group LP.

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:	$250 million
Maturity:	Dec. 14, 2011
Agents:	RBC Capital Markets Corp., Toyota Financial Services Securities USA Corp., UBS Securities LLC, Williams Capital Group LP
Coupon:	Federal Funds rate plus 25 bps
Price:	Par
Yield:	Federal Funds rate plus 25 bps
Call:	Non-callable
Trade date:	Dec. 8
Settlement date:	Dec. 13
Ratings:	Moody's: Aa2
	Standard & Poor's: AA

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