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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
COND
PRCD
TOYOTA
Toyota Motor Finance Netherlands BVCHF365
2EMEA
Mar 17, 2026
currency
CHF
size (m)
215.000
maturity
Apr 3, 2029
type
Fixed
tenor
3.000
call
-
registration
-
benchmark
Swaps
ranking
Sr. Unsecured
moody's
A1
s&p
A+
fitch
-
size description
-
re-open/tap
No
ipt
SARON MS+58-63
ipt-pxd
-3.5
guidance
SARON MS+57-60
spread
57
coupon
0.753%
spread set
-
price
100.00000
yield
0.753%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
currency
CHF
size (m)
150.000
maturity
Mar 31, 2032
type
Fixed
tenor
6.000
call
-
registration
-
benchmark
Swaps
ranking
Sr. Unsecured
moody's
A1
s&p
A+
fitch
-
size description
-
re-open/tap
No
ipt
SARON MS+70-75
ipt-pxd
-3.5
guidance
SARON MS+68-70
spread
69
coupon
1.055%
spread set
-
price
100.00000
yield
1.055%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Comments: CHF215m 3yr fxd cpn 0.753% at 100, yld 0.753%. Spread: MS+57bps/Govt.+72. Tax Call: Yes. PP: Yes; Comments: CHF150m 6yr fxd cpn 1.055% at 100, yld 1.055%. Spread: MS+69bps/Govt.+84. Tax Call: Yes. PP: Yes;
Deal Comments
Reoffer: SONIA+37bp / 99.687 / 4.332% Benchmark: UKT 10/30 @ 84.65 / +21.5bp Spread set at: SONIA+37bp - Books in excess of £300m (excl JLM) Guidance: SONIA MS+37a Issuer: NRW.BANK LEI: 52990002O5KK6XOGJ020 Guarantor: Federal State of North Rhine-Westphalia (NRW) Rating: Aa1/AA/AAA/AAA (Moody's/S&P/Fitch/DBRS) Status: Senior unsecured, 0% RW, HQLA/Level 1 Format: Reg S, Bearer Size: £350m Maturity: 22-Oct-30 Settlement: 24-Mar-26 (T+5) Coupon: 4.25%, Fixed, Annual, Act/Act, short first Spread: SONIA MS (A, A/365) + 37bps Benchmark: +21.5bps vs UKT 10/30 @ 84.65 (MID) Reoffer: 99.687 / 4.332% (ANN) Denominations: £200k + £200k Listing: Luxembourg Governing Law: German Docs: Issuer's Debt Issuance Programme Bookrunners: CITI (B&D/DM), HSBC, NWM ISIN: XS3325330457 Target Market: The EU MiFID manufacturer target markets are eligible counterparties and professional clients (all distribution channels) Advertisement: This communication is an advertisement for the purposes of Regulation (EU) 2017/1129 and underlying legislation. It is not a prospectus. The prospectus is available at https://www.bourse.lu/programme/Programme-NRWBank/12999 Timing: ToE 12:22 UKT, FTT immediately
Guarantor(s)
Toyota Motor Corp, Toyota Financial Services Corp
Use of Proceeds
General corporate purposes, which include making a profit. The Issuer may also use part of the net proceeds for the purpose of posting collateral with third party hedge providers rather than for the purpose of on-lending to other Toyota companies

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