Thursday, 17 January 2008

Toyota unit to sell NZ$685 mln uridashi bond

TOKYO, Jan 15 Toyota Motor Credit Corp, a unit of Toyota Motor Corp, will sell a NZ$685 million uridashi bond, documents filed with Japanese financial authorities showed on Tuesday.

The bonds, which will be issued on Jan. 29, will carry a 7.64% coupon.
The sales period runs Jan. 16-29, with a maturity date of Jan. 28, 2010.

Toyota Motor Credit is rated triple A by Moody's Investors Service and Standard & Poor's.

Uridashis are foreign bonds sold to Japanese retail investors.

See, they still love us !

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