Toyota Credit Canada Completes Note Offering

On November 18, 2004, Toyota Credit Canada Inc. (TCCI) completed the sale of $400 million aggregate principal amount of floating rate notes due November 2006. The notes were offered on a private placement basis in Canada through an underwriting syndicate led by RBC Dominion Securities Inc. and including BMO Nesbitt Burns Inc., CIBC World Markets Inc., Scotia Capital Inc. and TD Securities Inc.
TCCI was represented by Stikeman Elliott LLP with a team that included James Davis, Sherry Roth and Nicolas Vanasse. The underwriters were represented by Allen & Overy LLP with a team that included Andrew Wilson.