Commentary & Deal Flow

Toyota Motor Corporation, rated A1/A+ (Moody's/S&P), has mandated J.P. Morgan, BofA Securities, Morgan Stanley, Barclays, and BNP PARIBAS to arrange a series of fixed income investor conference calls in Europe commencing on 18-Jun-26. J.P. Morgan will be coordinating logistics. A NetRoadshow presentation (with voiceover) will be available.

An inaugural transaction of Reg S, fixed rate, senior unsecured EUR sustainability bonds with a dual-tranche maturity of short 4-year and 8-year, each €500m (WNG), will follow, subject to market conditions. The bonds are expected to be rated A1/A+ (Moody's/S&P) and will be listed on Singapore Exchange Securities Trading Limited (SGX-ST). Toyota Motor Corporation has obtained a Second Party Opinion on its Sustainability Bond Framework from Moody’s ESG Solutions.