Toyota Thai unit sets 3-yr bond coupon at 5.70 percent

Newswire

BANGKOK, July 27 (Reuters) - The Thai leasing unit of Toyota Motor Corp has set a final coupon of 5.70 percent for a 2 billion baht issue of 2-year bonds due in early August, an underwriter said on Thursday. The coupon was set at the high end of a 5.66-5.70 percent range and offered 35 basis points over comparable government bonds, the underwriter said. The secured bonds, issued by Toyota Leasing (Thailand) Co, would be issued to institutional investors on August 2, the underwriter told ...

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