By Devika Patel
Knoxville, Tenn., Jan. 22 – Toyota Motor Finance (Netherlands) BV sold $150 million of floating-rate notes due Jan. 24, 2022 on Wednesday, according to a prospectus.
The notes were sold at par with a coupon of Libor plus 20 basis points.
The subsidiary of Toyota Financial Services, which is the Torrance, Calif.-based finance and insurance brand for Toyota in the United States, is based in Amsterdam.
| Issuer: | Toyota Motor Finance (Netherlands) BV
|
| Amount: | $150 million
|
| Description: | Floating-rate notes
|
| Maturity: | Jan. 24, 2022
|
| Coupon: | Libor plus 20 bps
|
| Price: | Par
|
| Yield: | Libor plus 20 bps
|
| Call feature: | None
|
| Pricing date: | Jan. 22
|
| Settlement date: | Jan. 24
|
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