FWP 1 mtn1000fwprbc.htm RBC - FREE WRITING PROSPECTUS-JANUARY 18, 2012 mtn1000fwprbc.htm

Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-157642
Dated January 18, 2012
 
 
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)
 
Cusip:
89233P5X0
 
Pricing Date:
January 18, 2012
 
Settlement Date:
January 23, 2012
 
Maturity Date:
April 23, 2013
 
Principal Amount:
$100,000,000
(may be increased prior to the Settlement Date)
 
Re-offer Price:
100.00%
 
Gross Underwriting Spread:
0.04%
 
All-in Price to Issuer:
99.96%
 
Net Proceeds to Issuer:
$99,960,000
 
Floating Rate Index:
3 Month LIBOR
 
Floating Rate Spread:
+25 basis points
 
Index Source:
LIBOR Reuters
 
Interest Payment Frequency:
Quarterly
 
Initial Interest Payment Date:
April 23, 2012
 
Initial Interest Rate:
3 Month LIBOR determined on January 19, 2012 plus 25 basis points, accruing from January 23, 2012
 
Interest Payment Dates:
On the 23rd of each January, April, July, 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 1-866-375-6829.
 
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