New Issue-Toyota sells $1.6 bln in two parts

Newswire

Jan 5 (Reuters) - Toyota Motor Credit Corp, a unit of Toyota Motor Corp on Wednesday sold $1.6 billion of medium term notes in two parts, said IFR, a Thomson Reuters service.

Bank of America Merrill Lynch, Barclays, Citigroup and JP Morgan were the joint bookrunning managers for the sale. BORROWER: TOYOTA MOTOR CREDIT CORP TRANCHE 1 AMT $900 MLN COUPON 2.80 PCT MATURITY 1/11/2016 TYPE MTNS ISS PRICE ...

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