By Andrea Heisinger
New York, June 7 - Toyota Motor Credit Corp. priced $500 million of one-year medium-term floating-rate notes on Thursday at par to yield Libor plus 10 basis points, according to an FWP filing with the Securities and Exchange Commission.
The notes (Aa3/AA-/) are non-callable.
Agents were Citigroup Global Markets Inc. and J.P. Morgan Securities LLC.
The U.S. funding arm of automaker Toyota is based in Torrance, Calif.
| Issuer: | Toyota Motor Credit Corp.
|
| Issue: | Floating-rate medium-term notes
|
| Amount: | $500 million
|
| Maturity: | June 13, 2013
|
| Agents: | Citigroup Global Markets Inc., J.P. Morgan Securities LLC
|
| Coupon: | Libor plus 10 bps
|
| Price: | Par
|
| Yield: | Libor plus 10 bps
|
| Call: | Non-callable
|
| Trade date: | June 7
|
| Settlement date: | June 12
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: AA-
|
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