By Andrea Heisinger
New York, Aug. 17 - Toyota Motor Credit Corp. added $20 million to its issue of one-year floating-rate medium-term notes on Tuesday, according to an FWP filing with the Securities and Exchange Commission.
The notes (Aa2/AA/) priced at par to yield three-month Libor plus 8 basis points. They are non-callable and have interest paid quarterly.
Total issuance is $120 million, including $100 million priced Monday.
Toyota Financial Services Securities USA Corp. was agent for the add-on.
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: | $20 million add-on
|
| Maturity: | Aug. 22, 2011
|
| Agent: | Toyota Financial Services Securities USA Corp.
|
| Coupon: | Three-month Libor plus 8 bps
|
| Price: | Par
|
| Yield: | Three-month Libor plus 8 bps
|
| Call: | Non-callable
|
| Trade date: | Aug. 17
|
| Settlement date: | Aug. 19
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA
|
| Total issuance: | $120 million, including $100 million priced Aug. 16
|
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