Toyota Motor Credit renews €60 billion Euro Medium Term Note program

Toyota Motor Credit Corporation has renewed its €60 billion Euro Medium Term Note (EMTN) program for another year, according to a statement filed with the Securities and Exchange Commission. The EMTN program allows Toyota Motor Credit Corporation and its affiliates to issue unsecured notes, with a total authorized principal amount of €60 billion shared among participating issuers.

The notes can be issued in various currencies and have terms determined at the time of sale between the issuer and purchaser. The renewed program is governed by an Amended and Restated Agency Agreement with The Bank of New York Mellon.

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