By Andrea Heisinger
New York, Jan. 20 - Toyota Motor Credit Corp. priced $205 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.
Bank of America Merrill Lynch was the agent.
The U.S. funding arm of Toyota is based in Torrance, Calif.
Issuer: | Toyota Motor Credit Corp.
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Issue: | Floating-rate medium-term notes
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Amount: | $205 million
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Maturity: | Feb. 1, 2013
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Agent: | Bank of America Merrill Lynch
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Coupon: | Libor plus 20 bps
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Price: | Par
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Yield: | Libor plus 20 bps
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Call: | Non-callable
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Trade date: | Jan. 20
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Settlement date: | Jan. 25
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Ratings: | Moody's: Aa3
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| Standard & Poor's: AA-
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