Toyota New Zealand launches new five-year deal

Disclosure type: launch
Issuer name: Toyota Finance New Zealand
Issuer rating: A+/A1
Expected issue rating: as issuer
Announcement date: 29 November 2022
Expected pricing date: 29 November 2022
Lead manager: ANZ

Transaction type: wholesale format senior-unsecured bond
Indicative volume: NZ$75 million (US$46.2 million) minimum, NZ$100 million cap
Maturity date: 6 December 2027
Coupon type: fixed
Price guidance: 120-130bp/swap