Issuer:
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Toyota Motor Credit Corporation
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Security:
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Floating Rate Medium Term Notes, Series B
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Issuer Senior Long-Term Debt Ratings:
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Aa3 (negative outlook) / AA- (negative outlook)
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Cusip:
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Pricing Date:
|
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Settlement Date:
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January 20, 2012
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Maturity Date:
|
|
$236,000,000
(may be increased prior to the Settlement Date)
|
|
Re-offer Price:
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100.00%
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Gross Underwriting Spread:
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0.06%
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All-in Price to Issuer:
|
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$235,858,400
|
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Floating Rate Index:
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3 Month LIBOR
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Floating Rate Spread:
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+40 basis points
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Index Source:
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LIBOR Reuters
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Interest Payment Frequency:
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Quarterly
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Initial Interest Payment Date:
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April 17, 2012
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Initial Interest Rate:
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|
Interest Payment Dates:
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On the 17th of each January, April, July, October and on the Maturity Date
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Interest Reset Dates:
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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
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Interest Determination Date:
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Second London Banking Day preceding each Interest Reset Date
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Day Count Convention:
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Actual/360
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Business Day Convention:
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Modified Following, adjusted
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Business Days:
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New York and London
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Governing Law:
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New York
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Calculation Agent:
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Deutsche Bank Trust Company Americas
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Agent:
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Mizuho Securities USA Inc.
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#2396
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