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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89236TAA3
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Pricing Date:
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February 19, 2013
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Settlement Date:
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February 22, 2013
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Maturity Date:
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February 24, 2014
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Principal Amount:
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$750,000,000
|
Price to Public:
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100.000%
|
Commission:
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0.03%
0.15% in the case of Toyota Financial Services Securities USA Corporation
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Net Proceeds to Issuer:
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99.97% / $374,887,500
99.85% / $374,437,500 in the case of Toyota Financial Services Securities USA Corporation
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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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+0 basis points
|
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 Rate:
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The initial interest rate will be based on 3 month LIBOR determined on February 20, 2013 plus the Floating Rate Spread
|
Interest Payment Dates:
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Each February 24, May 24, August 24 and November 24, beginning May 24, 2013
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Interest Reset Dates:
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The first interest reset date shall be the Settlement Date and thereafter, each Interest Payment Date. 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
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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
|
Minimum Denominations:
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$1,000 and $1,000 increments thereafter
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Agents/DTC Number:
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Merrill Lynch, Pierce, Fenner & Smith Incorporated/#773
RBS Securities Inc./#248
Loop Capital Markets LLC/#0443
Toyota Financial Services Securities USA Corporation
|