Deals of the Month: Toyota

Toyota Motor Credit Corporation, the US financing arm of Japanese carmaker Toyota, launched the second-largest-ever Swiss franc corporate deal in January with CHF1.25 billion of fixed rate notes due February 2012.

Coming at a time of global crisis for carmakers, demand for the deal took bookrunners BNP Paribas and Credit Suisse by surprise. The orderbook was up to CHF1.3 billion within the first 90 minutes, way in excess of the expected CHF500 million of demand, says syndicate manager Dennis Vuci

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: