Obbligazione Toyoda Motor Finance 3.125% ( US89236TBT16 ) in USD

Emittente Toyoda Motor Finance
Prezzo di mercato refresh price now   99.818 USD  ⇌ 
Paese  Stati Uniti
Codice isin  US89236TBT16 ( in USD )
Tasso d'interesse 3.125% per anno ( pagato 2 volte l'anno)
Scadenza 26/09/2029



Prospetto opuscolo dell'obbligazione Toyota Motor Credit US89236TBT16 en USD 3.125%, scadenza 26/09/2029


Importo minimo 1 000 USD
Importo totale 10 000 000 USD
Cusip 89236TBT1
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
Coupon successivo 26/03/2026 ( In 113 giorni )
Descrizione dettagliata Toyota Motor Credit Corporation č una societā finanziaria statunitense di proprietā di Toyota Motor Corporation, che offre finanziamenti per l'acquisto di veicoli Toyota e Lexus.

The Obbligazione issued by Toyoda Motor Finance ( United States ) , in USD, with the ISIN code US89236TBT16, pays a coupon of 3.125% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 26/09/2029







424B2 1 dp49426_424b2-tmcc1080.htm FORM 424B2


Pricing Supplement dated September 12, 2014
Rule 424(b)(2)
(To Prospectus dated March 1, 2012 and Prospectus Supplement dated March 2, 2012)
Registration No. 333-179826
TOYOTA MOTOR CREDIT CORPORATION
Medium-Term Notes, Series B ­ Fixed Rate Step-up Callable Notes
Capitalized terms used in this Pricing Supplement that are defined in the Prospectus Supplement shall have the meanings assigned to them in the
Prospectus Supplement.

CUSIP: 89236TBT1
Principal Amount (in Specified Currency): $10,000,000. TMCC may increase the Principal Amount prior to the Original Issue Date but is not required
to do so.
Issue Price: 100.00%
Trade Date: September 12, 2014
Original Issue Date: September 26, 2014
Stated Maturity Date: September 26, 2029
Interest Rate:
3.125% per annum from and including the Original Issue Date to but excluding September 26, 2019;
3.500% per annum from and including September 26, 2019 to but excluding September 26, 2024;
4.000% per annum from and including September 26, 2024 to but excluding September 26, 2026;
5.000% per annum from and including September 26, 2026 to but excluding September 26, 2027;
6.000% per annum from and including September 26, 2027 to but excluding September 26, 2028; and
7.000% per annum from and including September 26, 2028 to but excluding the Stated Maturity Date.
Interest Payment Dates: Semiannually, on each March 26 and September 26, commencing on March 26, 2015
Net Proceeds to Issuer: 97.25%
Agent's Discount or Commission: 2.75%.
Agent: Jefferies LLC
Agent's Capacity: Principal
Day Count Convention: 30/360
Business Day Convention: Following
Redemption: The Notes are subject to redemption by TMCC, in whole but not in part, at a price equal to 100% of the principal amount per Note plus
accrued and unpaid interest thereon, on the Redemption Dates and subject to the Notice of Redemption stated below.
Redemption Dates: Semiannually, on each March 26 and September 26, commencing on September 26, 2019.
Notice of Redemption: The redemption of the Notes is subject to not less than 10 Business Days prior written notice.
Repayment: N/A
Optional Repayment Date(s):
Repayment Price:
Original Issue Discount: N/A
Specified Currency: U.S. dollars
Minimum Denominations: $1,000 and $1,000 increments thereafter
Form of Note: Book-entry only





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RISK FACTORS RELATING TO THE NOTES
Investing in the Notes involves a number of risks. See the risks described in "Risk Factors" beginning on page S-1 of the Prospectus
Supplement and those set forth below. Accordingly, prospective investors should consult their financial and legal advisors as to the risks entailed by
an investment in the Notes and the suitability of the Notes in light of their particular circumstances.

Early Redemption Risk. The Issuer retains the option to redeem the Notes, in whole but not in part, on any Redemption Date, beginning on
September 26, 2019. It is more likely that the Issuer will redeem the Notes in whole prior to their Maturity Date to the extent that the interest payable
on the Notes is greater than the interest that would be payable on other instruments of the Issuer of comparable maturity, terms and credit rating
trading in the market. If the Notes are redeemed, in whole but not in part, prior to their Maturity Date, you will receive no further interest payments
from the Notes redeemed and may have to re-invest the proceeds in a lower rate environment.
Inclusion Of Projected Profit From Hedging Is Likely To Adversely Affect Secondary Market Prices. Assuming no change in market conditions
or any other relevant factors, the price, if any, at which the Agent is willing to purchase the Notes in secondary market transactions will likely be
lower than the Issue Price, because the Issue Price included, and secondary market prices are likely to exclude, the projected profit included in the cost
of hedging the obligations under the Notes. In addition, any such prices may differ from values determined by pricing models used by the Agent, as a
result of dealer discounts, mark-ups or other transaction costs.

UNITED STATES FEDERAL INCOME TAXATION
This discussion applies only to initial investors in the Notes who purchase the Notes at the "issue price," which will equal the first price at
which a substantial amount of the Notes is sold to the public (not including bond houses, brokers or similar persons or organizations acting in the
capacity of underwriters, placement agents or wholesalers). Any consequences resulting from the Medicare tax on investment income are not
addressed in this discussion or the section of the Prospectus Supplement titled "United States Federal Income Taxation."
Based on the operation of Treasury regulations that address the treatment of an issuer's option to redeem a debt instrument, the Notes will not
be treated as issued with "original issue discount," and stated interest on the Notes will generally be taxable to you if you are a U.S. Holder (as
defined in the Prospectus Supplement) as you receive it or accrue it in accordance with your normal method of accounting for U.S. federal income tax
purposes.
As discussed in the Prospectus Supplement under "United States Federal Income Taxation--Recent Legislation," legislation commonly
referred to as "FATCA" generally imposes a withholding tax of 30% on payments to certain non-U.S. entities (including financial intermediaries) with
respect to certain financial instruments, unless various U.S. information reporting and due diligence requirements have been satisfied. This legislation
will apply to the Notes. Under final Treasury regulations, withholding (if applicable) will apply to payments of interest and, after December 31, 2016,
to payments of gross proceeds from the taxable disposition of the Notes. We will not pay additional amounts with respect to any such withholding
taxes. You should consult your tax adviser regarding the potential consequences of FATCA with respect to your investment in the Notes.
For other U.S. federal income tax consequences of owning and disposing of the Notes, please see the section of the Prospectus Supplement
titled "United States Federal Income Taxation."

USE OF PROCEEDS AND HEDGING
The net proceeds from the sale of the Notes will be used as described under "Use of Proceeds" in the accompanying Prospectus Supplement.
To hedge its obligations under the Notes, TMCC will enter into a swap agreement with a major financial institution. Under the swap
agreement, TMCC will make floating rate payments linked to the London interbank



PS-2



offered rate in respect of a notional principal amount equal to the aggregate principal amount of the Notes during the term of the Notes in exchange for
receiving payments equal to interest due in respect of the Notes from the swap counterparty.
CLEARANCE AND SETTLEMENT
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The Issuer expects that delivery of the Notes will be made against payment therefor on the Original Issue Date. Under Rule 15c6-1 of the
Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in three Business Days, unless the parties
to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes more than three Business Days prior to the Original
Issue Date will be required to specify alternative settlement arrangements to prevent a failed settlement and should consult their own investment
advisor.



PS-3

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