-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KEqPDb93DSDAb709mDxGaZUdbjlcSsDzF9LvF1ltaHQcUtMqqcHryPPuOSali9j9 qxZwUUy5/wWXQ49Lxe9qmA== 0000834071-05-000037.txt : 20050405 0000834071-05-000037.hdr.sgml : 20050405 20050405165630 ACCESSION NUMBER: 0000834071-05-000037 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050405 DATE AS OF CHANGE: 20050405 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOYOTA MOTOR CREDIT CORP CENTRAL INDEX KEY: 0000834071 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 953775816 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-113680 FILM NUMBER: 05734679 BUSINESS ADDRESS: STREET 1: 19001 S. WESTERN AVENUE CITY: TORRANCE STATE: CA ZIP: 90509 BUSINESS PHONE: (310) 468-1310 MAIL ADDRESS: STREET 1: 19001 S. WESTERN AVENUE CITY: TORRANCE STATE: CA ZIP: 90509 424B3 1 mtn558.txt Pricing Supplement dated April 1, 2005 Rule 424(b)(3) (To Prospectus dated April 2, 2004 and File No. 333-113680 Prospectus Supplement dated April 2, 2004) TOYOTA MOTOR CREDIT CORPORATION Medium-Term Note, Series B - Floating Rate ________________________________________________________________________________ Principal Amount: $100,000,000 Trade Date: April 1, 2005 Issue Price: 100.00% Original Issue Date: April 6, 2005 Initial Interest Rate: See "Additional Net Proceeds to Issuer: $99,970,000 Terms of the Notes -- Interest" Principal's Discount Interest Payment Period: Monthly or Commission: 0.03% Stated Maturity Date: October 10, 2006 ________________________________________________________________________________ Calculation Agent: Deutsche Bank Trust Company Americas Interest Calculation: [X] Regular Floating Rate Note [ ] Floating Rate/Fixed Rate Note [ ] Inverse Floating Rate Note (Fixed Rate Commencement (Fixed Interest Rate): Date): [ ] Other Floating Rate Note (Fixed Interest Rate): (see attached) Interest Rate Basis: [ ] CD Rate [ ] Commercial Paper Rate [ ] Prime Rate [ ] Eleventh District Cost of Funds Rate [ ] Federal Funds Rate [X] LIBOR [ ] Treasury Rate [ ] Other (see attached) If LIBOR, Designated LIBOR Page: [ ] Reuters Page: [X] Telerate Page: 3750 Initial Interest Reset Date: May 10, 2005 Spread (+/-): -0.06% Interest Rate Reset Period: Monthly Spread Multiplier: N/A Interest Reset Dates: the 10th of each Maximum Interest Rate: N/A calendar month, commencing May 10, 2005 Interest Payment Dates: the 10th of each Minimum Interest Rate: N/A calendar month, commencing May 10, 2005 Index Maturity: 1 month Index Currency: U.S. dollars Day Count Convention: [ ] 30/360 for the period from to [X] Actual/360 for the period from April 6, 2005 to October 10, 2006 [ ] Other (see attached) Redemption: [X] The Notes cannot be redeemed prior to the Stated Maturity Date. [ ] The Notes may be redeemed prior to Stated Maturity Date. Initial Redemption Date: N/A Initial Redemption Percentage: N/A Annual Redemption Percentage Reduction: N/A Repayment: [X] The Notes cannot be repaid prior to the Stated Maturity Date. [ ] The Notes can be repaid prior to the Stated Maturity Date at the option of the holder of the Notes. Optional Repayment Date(s): Repayment Price: % Currency: Specified Currency: U.S. dollars (If other than U.S. dollars, see attached) Minimum Denominations: (Applicable only if Specified Currency is other than U.S. dollars) Original Issue Discount: [ ] Yes [X] No Total Amount of OID: Yield to Maturity: Initial Accrual Period: Form: [X] Book-entry [ ] Certificated
___________________________ Dresdner Kleinwort Wasserstein ADDITIONAL TERMS OF THE NOTES Interest The Initial Interest Rate for the Medium-Term Notes offered by this pricing supplement will be equal to one month LIBOR determined on April 4, 2005 minus 0.06%. Plan of Distribution Under the terms of and subject to the conditions of an Appointment Agreement dated March 10, 2005 and an Appointment Agreement Confirmation dated April 1, 2005 (collectively, the "Agreement") between TMCC and Dresdner Kleinwort Wasserstein Securities LLC ("Dresdner"), Dresdner, acting as principal, has agreed to purchase and TMCC has agreed to sell the Notes at 99.97% of their principal amount. Dresdner may resell the Notes to one or more investors or to one or more broker-dealers (acting as principal for the purposes of resale) at a price equal to 100% of their principal amount. Under the terms and conditions of the Agreement, Dresdner is committed to take and pay for all of the Notes offered hereby if any are taken.
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