Toyota NZ launches new five-year domestic deal

On 5 September, Toyota Finance New Zealand (Toyota NZ) (AA-/Aa3) launched an indicative NZ$100 million (US$65.3 million) five-year domestic deal. Indicative price guidance for the forthcoming transaction is 90 basis points area over mid swap. Pricing is expected on or before 6 September, according to sole lead manager ANZ.