Toyota Motor Credit Issues Its First Secured Overnight Financing Rate Medium-Term Note Transaction
October 30, 2019
October 30, 2019
PLANO, Texas, Oct. 30 -- Toyota Motor Sales USA issued the following news release:
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- $1.55 billion bond is the first SOFR MTN issued by a captive auto finance company
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Toyota Motor Credit Corporation (TMCC) has issued its first Secured Overnight Financing Rate (SOFR) medium-term note (MTN) transaction, demonstrating the company's commitment to innovation, and advancing its reputation as an industry leader.
The one-year U . . .
* * *
- $1.55 billion bond is the first SOFR MTN issued by a captive auto finance company
* * *
Toyota Motor Credit Corporation (TMCC) has issued its first Secured Overnight Financing Rate (SOFR) medium-term note (MTN) transaction, demonstrating the company's commitment to innovation, and advancing its reputation as an industry leader.
The one-year U . . .