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Bangkok Bank and Kasikornbank were the bond's joint lead arrangers and CIMB GK Securities (Thailand) was a co-arranger, a statement said.
The secured bonds, to be issued by Toyota Leasing (Thailand) Co, is offering about 90 basis points over comparable government bonds. On Tuesday, benchmark two-year government bonds yielded 3.19 percent.
The bonds, rated "AAA" by Thailand's TRIS Rating and fully guaranteed by Toyota Motor Finance (Netherlands), are rated "AAA" by Standard and Poor's Ratings Services and "Aaa" by Moody's Investors Service.
($1=35.00 Baht)
(Reporting by Arada Therdthammakun; Editing by Ed Cropley) Keywords: TOYOTA THAILAND/BONDS
(arada.therdthammakun@reuters.com; +662 648 9732, Reuters Messaging: arada.therdthammakun.reuters.com@reuters.net)
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