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LONDON - Toyota Finance Australia Limited announced Monday it plans to issue benchmark senior unsecured notes with a 3.5-year maturity in euros, according to a pre-stabilization notice.
J.P. Morgan Securities plc will serve as the stabilization coordinator, with Credit Agricole (OTC:CRARY) CIB, ING, and Societe Generale (OTC:SCGLY) acting as stabilization managers for the offering.
The notes will be issued in denominations of €100,000 and will be listed on the London Stock Exchange (LON:LSEG). Toyota Motor (NYSE:TM) Corporation and Toyota Financial Services Corporation will provide credit support for the securities.
The stabilization period is expected to begin on July 7, 2025, and end no later than August 7, 2025. During this period, stabilization managers may over-allot securities by up to 5% of the aggregate nominal amount to support the market price.
The securities will be offered under Regulation S as bearer notes. They have not been and will not be registered under the U.S. Securities Act and cannot be offered or sold in the United States.
The offering is directed at qualified investors outside the United Kingdom (TADAWUL:4280) or to high net worth individuals and those with professional investment experience within the UK.
The exact pricing terms of the notes have not yet been determined, according to the press release statement.
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