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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Title:
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Floating Rate Diversity and Inclusion Medium-Term Notes, Series B due January 23, 2015
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Issuer Senior Long-Term Debt Ratings:
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Moody’s Investors Service, Inc.: Aa3 (negative outlook)
Standard & Poor’s Ratings Services: AA- (negative outlook)
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CUSIP/ISIN:
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89233P7H3/US89233P7H38
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Pricing Date:
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January 17, 2013
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Settlement Date:
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January 23, 2013
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Maturity Date:
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January 23, 2015
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Principal Amount:
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$300,000,000
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Price to Public:
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100.000%
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Commission:
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0.150%
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Net Proceeds to Issuer:
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99.850% / $299,550,000
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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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+17 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 Rate:
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The initial interest rate will be based on 3 month LIBOR determined on January 21, 2013 plus the Floating Rate Spread
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Interest Payment Dates:
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The 23rd of each January, April, July, and October, commencing on April 23, 2013, and ending on the Maturity Date.
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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, adjusted
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Business Days:
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New York and London
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Calculation Agent:
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Deutsche Bank Trust Company Americas
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Governing Law:
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New York
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Minimum Denominations:
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$1,000 and $1,000 increments thereafter
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Joint Book-Running Managers:
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Citigroup Global Markets Inc.
Lebenthal & Co., LLC
Loop Capital Markets LLC
Mischler Financial Group, Inc.
Samuel A. Ramirez & Company, Inc.
The Williams Capital Group, L.P.
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Co-Managers:
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Barclays Capital Inc.
Cabrera Capital Markets, LLC
Deutsche Bank Securities Inc.
Drexel Hamilton, LLC
Guzman & Company
Muriel Siebert & Co., Inc.
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DTC Number:
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274
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