Toyota plans benchmark sterling bond -lead

Newswire

LONDON, Jan 31 (Reuters) - Toyota Motor Credit Corporation, the financing arm of Japanese automaker Toyota Motor Corp. plans to sell a benchmark sterling bond soon, an official at one of the lead managers said on Tuesday. The benchmark-sized deal -- signalling it will total at least 200 million pounds ($353.4 million) -- will launch soon, subject to market conditions, and will have a 5-year maturity, the official said. Toyota and TMCC hold top-notch triple-A credit ratings from Standard ...

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