Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-157642
Dated October 05, 2011
Final Terms for Issuance
Issuer: Toyota Motor Credit Corporation
Security: Floating Rate Medium Term Notes, Series B
Issuer Senior Long-Term
Debt Ratings: Aa3 (negative outlook) / AA- (negative outlook)
Pricing Date: October 5, 2011
Settlement Date: October 11, 2011
Maturity Date: October 12, 2011
Principal Amount: $225,000,000
(may be increased prior to the Settlement Date)
Re-offer Price: 100.00%
Gross Underwriting
All-in Price to Issuer: 99.97%
Net Proceeds to Issuer: $224,932,500
Floating Rate Index: 3 Month LIBOR
Floating Rate Spread: +20 basis points
Index Source: LIBOR Reuters
Interest Payment
Frequency: Quarterly
Initial Interest Payment
Date: January 12, 2012
Initial Interest Rate: 3 Month LIBOR determined on October 7, 2011
accruing from October 11, 2011
Interest Payment Dates: On the 12th of each January, April, July and October and on the Maturity Date
Interest Reset Dates: The same dates as each Interest Payment Date. For the
avoidance of doubt, newly reset interest rates shall apply
beginning on and including the Interest Reset Date, to but
excluding the next Interest Payment Date
Interest Determination
Date: Second London Banking Day preceding
each Interest Reset Date
Day Count Convention: Actual/360
Business Day
Convention: Modified Following, adjusted
Business Days: New York and London
Governing Law: New York
Calculation Agent: Deutsche Bank Trust Company Americas
Minimum Denominations: $1,000 and $1,000 increments thereafter
Agent: RBC Capital Markets, LLC
DTC Number: #235
Capitalized terms used herein but not otherwise defined shall have the
meanings assigned to them in the prospectus dated March 2, 2009 and
prospectus supplement thereto dated March 10, 2009 relating to these
notes.
The issuer has filed a registration statement (including a prospectus)
with the U.S. Securities and Exchange Commission (SEC) for the
offering to which this communication relates. Before you invest, you
should read the prospectus in that registration statement and other
documents the issuer has filed with the SEC for more complete information
about the issuer and this offering. You may get these documents for
free by visiting EDGAR on the web at www.sec.gov. Alternatively,
the issuer, any underwriter or any dealer participating in the offering
will arrange to send you the prospectus if you request it by calling
toll-free at 1-866-375-6829.
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