Toyota NZ revises price guidance for five-year domestic deal

On 6 September, Toyota New Zealand (Toyota NZ) (AA-/Aa3) revised price guidance for its capped NZ$100 million (US$65.9 million) five-year domestic deal to 87-90 basis points over mid swap. The deal is expected to price in the New Zealand afternoon on 6 September, according to lead manager ANZ.