Toyota New Zealand prints NZ$100 million three-year FRN

Thursday, 11 May 2023

Issuer name: Toyota Finance New Zealand
Issuer rating: A+/A1
Issue rating: as issuer
Pricing date: 11 May 2023
Settlement date: 18 May 2023
Maturity date: 18 May 2026
Lead manager: ANZ

Transaction type: senior-unsecured notes
Volume: NZ$100 million (US$63.7 million)
Coupon type: FRN
Coupon rate: 3m BKBM +85bp
Issue/re-offer price: par
Margin: 85bp/3m BKBM

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