0000950103-16-011152.txt : 20160217 0000950103-16-011152.hdr.sgml : 20160217 20160216184028 ACCESSION NUMBER: 0000950103-16-011152 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160217 DATE AS OF CHANGE: 20160216 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TOYOTA MOTOR CREDIT CORP CENTRAL INDEX KEY: 0000834071 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 953775816 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-202281 FILM NUMBER: 161430953 BUSINESS ADDRESS: STREET 1: 19001 S. WESTERN AVENUE CITY: TORRANCE STATE: CA ZIP: 90509 BUSINESS PHONE: (310) 468-1310 MAIL ADDRESS: STREET 1: 19001 S. WESTERN AVENUE CITY: TORRANCE STATE: CA ZIP: 90509 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TOYOTA MOTOR CREDIT CORP CENTRAL INDEX KEY: 0000834071 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 953775816 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 19001 S. WESTERN AVENUE CITY: TORRANCE STATE: CA ZIP: 90509 BUSINESS PHONE: (310) 468-1310 MAIL ADDRESS: STREET 1: 19001 S. WESTERN AVENUE CITY: TORRANCE STATE: CA ZIP: 90509 FWP 1 dp63523_fwp-floating.htm FORM FWP

 

Filed Pursuant to Rule 433
Registration No. 333-202281

 

Term Sheet
February 16, 2016

 

Issuer: Toyota Motor Credit Corporation
Security: Floating Rate Medium-Term Notes, Series B
Title: Floating Rate Medium-Term Notes, Series B due February 19, 2019
Issuer Senior Long-Term Debt Ratings:

Moody’s Investors Service, Inc.: Aa3 (stable outlook)

Standard & Poor’s Ratings Services: AA- (stable outlook)

CUSIP/ISIN: 89236TCV5 / US89236TCV52
Pricing Date: February 16, 2016
Settlement Date: February 19, 2016 (T+3)
Maturity Date: February 19, 2019
Principal Amount: $500,000,000
Price to Public: 100.000%
Commission: 0.225%
Net Proceeds to Issuer: 99.775% / $498,875,000
Floating Rate Index: 3 month LIBOR
Floating Rate Spread: +82  basis points
Index Source: LIBOR Reuters
Interest Payment Frequency: Quarterly
Initial Interest Rate: The initial interest rate will be based on 3 month LIBOR determined on February 17, 2016 plus the Floating Rate Spread.
Interest Payment Dates: Each February 19, May 19, August 19 and November 19, beginning on May 19, 2016, and ending on the Maturity Date
Interest Reset Dates: 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.
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
Calculation Agent: Deutsche Bank Trust Company Americas
Governing Law: New York
Minimum Denominations: $2,000 and $1,000 increments thereafter

Joint Book-Running Managers:

 

Citigroup Global Markets Inc.

Credit Agricole Securities (USA) Inc.

Mizuho Securities USA Inc.

RBC Capital Markets, LLC

Co-Managers:

ANZ Securities, Inc.

CastleOak Securities, L.P.

Commerz Markets LLC

CV Brokerage Inc.

Lloyds Securities Inc.

nabSecurities, LLC

UniCredit Capital Markets LLC

U.S. Bancorp Investments, Inc.

DTC Number: #274

 

 

A securities rating is not a recommendation to buy, sell or hold securities and may be subject to withdrawal at any time.

 

This term sheet supplements the prospectus supplement dated February 26, 2015 and the related prospectus dated February 25, 2015; capitalized terms used in this term sheet, but otherwise not defined, shall have the meanings assigned to them in the related prospectus supplement and prospectus.

 

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 Citigroup Global Markets Inc. toll-free at 1-800-831-9146, calling Credit Agricole Securities (USA) Inc. toll-free at 1-866-807-6030, calling Mizuho Securities USA Inc. toll-free at 1-866-271-7403, or calling RBC Capital Markets, LLC toll-free at 1-866-375-6829.

 

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.