By Andrea Heisinger
New York, Dec. 9 - Toyota Motor Credit Corp. sold $465 million of one-year floating-rate notes on Friday at par to yield Libor plus 20 basis points, according to an FWP filing with the Securities and Exchange Commission.
The notes (Aa3/AA-/) are non-callable.
Toyota Financial Securities USA Corp. was the agent.
The U.S. financing arm of Toyota is based in Torrance, Calif.
| Issuer: | Toyota Motor Credit Corp.
|
| Issue: | Floating-rate notes
|
| Amount: | $465 million
|
| Maturity: | Dec. 17, 2012
|
| Agent: | Toyota Financial Securities USA Corp.
|
| Coupon: | Libor plus 20 bps
|
| Price: | Par
|
| Yield: | Libor plus 20 bps
|
| Call: | Non-callable
|
| Trade date: | Dec. 9
|
| Settlement date: | Dec. 14
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: AA-
|
© 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.
