Toyota Australia upsizes domestic return despite tight margin [UPDATED]
- Monday, 18 February 2013
Early engagement with the Australian investor base and the market's growing recognition of the need to offer internationally-competitive pricing helped Toyota Finance Australia (Toyota Australia) achieve both an upsize and a tight margin on its domestic issuance return, the firm's lead manager says. Toyota Australia priced A$300 million (US$309 million) in a new five-year deal, at 80 basis points over swap, on February 18.
