By Andrea Heisinger
New York, Oct. 6 - Toyota Motor Credit Corp. priced $275 million of one-year floating-rate notes at par to yield Libor plus 20 basis points, according to a 424B2 filing with the Securities and Exchange Commission.
The notes (Aa3/AA-/) are non-callable.
Agents were RBC Capital Markets LLC and Toyota Financial Services Securities USA Corp.
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: | $275 million
|
| Maturity: | Oct. 12, 2012
|
| Agents: | RBC Capital Markets LLC, Toyota Financial Services Securities USA Corp.
|
| Coupon: | Libor plus 20 bps
|
| Price: | Par
|
| Yield: | Libor plus 20 bps
|
| Call: | Non-callable
|
| Trade date: | Oct. 5
|
| Settlement date: | Oct. 11
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: AA-
|
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