Toyota Motor Credit Corp Publication of Form 8-K (5658K)

TIDM44NE

RNS Number : 5658K

Toyota Motor Credit Corp

29 August 2019

Publication of Form 8-K - Toyota Motor Credit Corporation

Toyota Motor Credit Corporation ("TMCC") has published its Current Report on Form 8-K ("Form 8-K") which it has filed with the Securities and Exchange Commission on 28 August 2019, announcing that it is preparing to launch private label finance services for third-party automotive and mobility companies. In furtherance of this new business initiative, on 28 August 2019, TMCC entered into a Financial Services Agreement with Mazda Motor of America, Inc. ("Mazda") pursuant to which TMCC and certain affiliates will offer exclusive private label automotive finance, lease, and wholesale dealer financing products and services, and vehicle protection products and services, to Mazda customers and dealers in the United States, launching at various times through fiscal year 2021 (the "Mazda Programme"). The initial term of the Mazda Programme extends five years from the date of the last product launch under the Mazda Programme (currently estimated to be 31 December 2025), and is followed by automatic one-year renewals unless either party provides notice of non-renewal. TMCC will not be acquiring any existing Mazda assets or liabilities pursuant to that Agreement with Mazda.

To view the Form 8-K, please paste the URL below into the address bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/5658K_1-2019-8-29.pdf

A copy of the Form 8-K will be submitted to the National Storage Mechanism and will be available shortly at: http://www.morningstar.co.uk/uk/NSM

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August 29, 2019 05:43 ET (09:43 GMT)

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