TOYOTA MOTOR CREDIT CORP: debt financing — Toyota Motor Credit secures $5B intercompany revolving credit facility through March 2027

TOYOTA MOTOR CREDIT CORP

TMCC entered a $5B revolving credit agreement with TMS; facility available for general corporate purposes.
Facility replaces the prior $5B intercompany credit agreement dated April 1, 2025, which was terminated.
No amounts drawn as of April 1, 2026; commitments expire March 31, 2027.
Borrower may convert outstanding loans to term loans up to two years past maturity at a 0.5% conversion fee.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

TOYOTA MOTOR CREDIT CORP incurred credit facility of up to $5,000,000,000 with Toyota Motor Sales, U.S.A, Inc. maturing the period ending March 31, 2027.

Instrument: credit facility
Principal: up to $5,000,000,000
Counterparty: Toyota Motor Sales, U.S.A, Inc.
Maturity: the period ending March 31, 2027
Event: incurrence

Exact text from the filing

On April 1, 2026, Toyota Motor Credit Corporation, a California corporation (“TMCC”), as borrower, entered into a revolving credit agreement (the “Intercompany Credit Agreement”) with Toyota Motor Sales, U.S.A, Inc., a California corporation (“TMS”), as lender, providing for a revolving credit facility with aggregate lending commitments of up to $5,000,000,000.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TOYOTA MOTOR CREDIT CORP entered into Intercompany Credit Agreement with Toyota Motor Sales, U.S.A, Inc. valued at up to $5,000,000,000 (effective 2026-04-01).

Action: entry
Agreement: credit facility
Counterparty: Toyota Motor Sales, U.S.A, Inc.
Value: up to $5,000,000,000
Effective: 2026-04-01

Exact text from the filing

On April 1, 2026, Toyota Motor Credit Corporation, a California corporation (“TMCC”), as borrower, entered into a revolving credit agreement (the “Intercompany Credit Agreement”) with Toyota Motor Sales, U.S.A, Inc., a California corporation (“TMS”), as lender, providing for a revolving credit facility with aggregate lending commitments of up to $5,000,000,000.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TOYOTA MOTOR CREDIT CORP terminated Revolving Credit Agreement with Toyota Motor Sales, U.S.A, Inc. (effective 2026-04-01).

Action: termination
Agreement: credit facility
Counterparty: Toyota Motor Sales, U.S.A, Inc.
Effective: 2026-04-01

Exact text from the filing

The Intercompany Credit Agreement replaces the Revolving Credit Agreement, dated as of April 1, 2025, between TMCC and TMS, which was terminated on April 1, 2026.

View on SEC.gov

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Source: SEC EDGAR

accession 0000950103-26-005138

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