By Andrea Heisinger
New York, Jan. 19 - Toyota Motor Credit Corp. priced $181.5 million of 15-month floating-rate medium-term notes at par to yield Libor plus 25 basis points, according to FWP filings with the Securities and Exchange Commission.
The notes (Aa3/AA-/) are non-callable.
Agents were Mizuho Securities USA Inc., RBC Capital Markets LLC and Toyota Financial Services Securities USA Corp.
The U.S. funding arm of Toyota is based in Torrance, Calif.
| Issuer: | Toyota Motor Credit Corp.
|
| Issue: | Floating-rate medium-term notes
|
| Amount: | $181.5 million
|
| Maturity: | April 23, 2013
|
| Agents: | Mizuho Securities USA Inc., RBC Capital Markets LLC, Toyota Financial Services Securities USA Corp.
|
| Coupon: | Libor plus 25 bps
|
| Price: | Par
|
| Yield: | Libor plus 25 bps
|
| Call: | Non-callable
|
| Distribution: | Off shelf
|
| Trade date: | Jan. 18
|
| Settlement date: | Jan. 23
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: AA-
|
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