Toyota Credit Canada Inc. completes C$500M private placement of notes

On February 26, 2020, Toyota Credit Canada Inc. issued C$500 million 2.11% fixed rate notes due February 26, 2025. The syndicate of agents in this transaction was led by TD Securities and RBC Securities, and included BMO Capital Markets, CIBC World Markets and Scotia Capital.
Toyota Credit Canada is the financial services arm of Toyota Canada, the distributor of Toyota, Lexus and Scion vehicles.
McCarthy Tétrault acted for the syndicate of agents with a team led by Andrew Parker that included Scott Bergen.