By Andrea Heisinger
New York, Oct. 11 - Toyota Motor Credit Corp. added $95 million to its sale of two-year floating-rate medium-term notes, according to FWP filings with the Securities and Exchange Commission.
The notes (Aa3/AA-/) were priced at par to yield Libor plus 45 basis points. They are non-callable.
Total issuance is $320 million, including $225 million priced on Oct. 7.
Morgan Stanley & Co. LLC and RBC Capital Markets LLC were the agents for the add-on.
The U.S. financing arm of Toyota Financial Services is based in Torrance, Calif.
| Issuer: | Toyota Motor Credit Corp.
|
| Issue: | Floating-rate medium-term notes
|
| Amount: | $95 million add-on
|
| Maturity: | Oct. 11, 2013
|
| Agents: | Morgan Stanley & Co. LLC, RBC Capital Markets LLC
|
| Coupon: | Libor plus 45 bps
|
| Price: | Par
|
| Yield: | Libor plus 45 bps
|
| Call: | Non-callable
|
| Trade date: | Oct. 7
|
| Settlement date: | Oct. 11
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: AA-
|
| Total issuance: | $320 million, including $225 million priced on Oct. 7
|
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