Loop Capital Serves as Lead Manager on Reverse Inquiry Order for Toyota Motor Credit Corp. MTN Notes
December 16th, 2011
Loop Capital Markets was a lead manager on two Toyota Motor Credit Medium Term Note transactions, totaling $650 million, for the week ending December 16, 2011.
The two transactions were originated in a reverse inquiry manner from Loop Capital Markets’ buy-side clients.
The first of the two transactions with a principal amount of $368 million was priced at 20 basis points over 3 month LIBOR and will mature on January 11, 2013.
The second deal at $282 million was priced at 75 basis points over the effective Fed Funds Rate and will mature on January 15, 2013.
