Issuer:
|
Toyota Motor Credit Corporation
|
Security:
|
Fixed Rate Medium Term Notes, Series B
|
Issuer Senior Long-Term Debt Ratings:
|
Moody’s Investors Service, Inc.: Aa3 (negative outlook)
Standard & Poor’s Ratings Services: AA- (negative outlook)
|
CUSIP / ISIN:
|
89233P5Z5 / US89233P5Z53
|
Pricing Date:
|
February 14, 2012
|
Settlement Date:
|
February 17, 2012
|
Maturity Date:
|
February 17, 2015
|
Principal Amount:
|
$1,250,000,000
|
Benchmark Treasury:
|
UST 0.250% due February 15, 2015
|
Treasury Yield:
|
0.381%
|
Spread to Treasury:
|
+67 bps
|
Re-offer Price:
|
99.850%
|
Commission:
|
0.225%
|
All-in Price to Issuer:
|
99.625%
|
Net Proceeds to Issuer:
|
$1,245,312,500
|
Coupon:
|
Fixed Rate
|
Coupon Rate:
|
1.000%
|
Yield:
|
1.051%
|
Interest Payment Frequency:
|
Semi-annual
|
Initial Interest Payment Date:
|
August 17, 2012
|
Interest Payment Dates:
|
On the 17th of each February and August, and on the Maturity Date
|
Day Count Convention:
|
30/360
|
Business Day Convention:
|
Following, unadjusted
|
Business Days:
|
New York
|
Calculation Agent:
|
Deutsche Bank Trust Company Americas
|
Minimum Denominations:
|
$2,000 and $1,000 increments thereafter
|
Governing Law:
|
New York
|
Joint Book-Running Managers:
|
Barclays Capital Inc.
BNP Paribas Securities Corp.
Citigroup Global Markets Inc.
Deutsche Bank Securities Inc.
|
Senior Co-Managers:
|
Credit Suisse Securities (USA) LLC
J.P. Morgan Securities LLC
Morgan Stanley & Co. LLC
|
Junior Co-Managers:
|
Fifth Third Securities, Inc.
M.R. Beal & Company
TD Securities (USA) LLC
Toussaint Capital Partners LLC
|
DTC Number:
|
#7256
|