TMCC makes rare euro visit for €1.75bn

23 Jan 2013

Toyota Motor Credit Corp made a recently-rare visit to the euro market today, raising €1.75bn of bonds in its first outing in the currency for four years.

Active bookrunners Barclays, BNP Paribas and HSBC announced benchmark 4.5 year and 10 year tranches this morning at initial price thoughts of 40bp area and 70bp area over mid-swaps.

The Aa3/AA- rated US car finance arm of Toyota attracted a book of about €3.75bn, fairly evenly split though ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data