Date Closed

February 23, 2021

Lead Office

Toronto

Value

400.00 Million CAD

On February 23, 2021, Toyota Credit Canada Inc. issued C$400 million 1.18% fixed rate notes due February 23, 2026. The issuance was completed via private placement, through a syndicate of agents led by BMO Capital Markets, RBC Securities and Scotia Capital, that also included CIBC World Markets and TD Securities.

Toyota Credit Canada is the financial services arm of Toyota Canada, the distributor of Toyota, Lexus and Scion vehicles.

McCarthy Tétrault advised the agents with a team led by Andrew Parker that included Scott Bergen.