Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-157642
Dated January 23, 2012
Final Terms for Issuance
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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
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Aa3 (negative outlook) / AA- (negative outlook)
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Debt Ratings:
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Cusip:
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Pricing Date:
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Settlement Date:
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January 25, 2012
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Maturity Date:
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$20,000,000 (may be increased prior to the Settlement Date)
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Re-offer Price:
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100.00%
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0.03%
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All-in Price to Issuer:
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$19,994,000
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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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+20 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 |
May 1, 2012
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Initial Interest Rate:
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An interpolated LIBOR (as described below) determined on January 23, 2012 plus 20 basis points, accruing from January 25, 2012 (long first coupon interpolated between 3 month and 4 month LIBOR)
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Interest Payment Dates:
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On the 1st of each May, August, November 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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Loop Capital Markets LLC
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DTC Number:
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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.
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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 1-888-294-8898.
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Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.
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