August 29, 2016 4:17 PM ET

Consumer Finance

Company Overview of Toyota Finance Australia Ltd.

Company Overview

Toyota Finance Australia Limited, together with its subsidiaries, provides financial services to personal and commercial customers, as well as small business and fleet customers in Australia. It operates in two segments, Retail and Fleet. The company is involved in financing the motor vehicle acquisitions in the form of leasing, term purchase, and consumer and commercial loans; and the sale of retail insurance policies underwritten by third party insurers. It also offers bailment facilities and commercial loans to motor dealers; and operating lease and fleet management services. The company was incorporated in 1982 and is based in St. Leonards, Australia. Toyota Finance Australia Limited is ...

207 Pacific Highway

Level 9

St. Leonards, NSW 2065

Australia

Founded in 1982

653 Employees

Key Executives for Toyota Finance Australia Ltd.

President, Managing Director, Executive Director and Member of Executive Committee
President of Toyota Motor Corporation
Age: 60
Company Secretary
Compensation as of Fiscal Year 2016.

Toyota Finance Australia Ltd. Key Developments

Toyota Motor Credit Corporation Enters into Credit Agreements

Toyota Motor Credit Corporation (TMCC) entered into the following credit agreements: $5.0 billion 364-day syndicated credit facility pursuant to a 364 day credit agreement, dated as of November 18, 2015 (the 364 day credit agreement), among TMCC, Toyota Motor Finance (Netherlands) B.V. (TMFNL), Toyota Financial Services (UK) PLC (TFS(UK)), Toyota Leasing GMBH (TLG), Toyota Credit de Puerto Rico Corp. (TCPR), Toyota Credit Canada Inc. (TCCI) Toyota Kreditbank GMBH (TKG), and Toyota Finance Australia Limited (TFA), as Borrowers, the lenders party thereto, and BNP Paribas, as administrative agent, swing line agent and swing line lender, BNP Paribas Securities Corp. (BNPP Securities), Citigroup Global Markets Inc. (CGMI), Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPFS) and The Bank of Tokyo-Mitsubishi UFJ Ltd. (BTMU), as joint lead arrangers and joint book managers, Citibank, N.A. (Citibank) and Bank of America, N.A. (Bank of America), as swing line lenders, and Citibank, Bank of America, and BTMU, as syndication agents; $5.0 billion three year syndicated credit facility pursuant to a three year credit agreement, dated as of November 18, 2015 (the three year credit agreement), among TMCC, TMFNL, TFS(UK), TLG, TCPR, TCCI, TKG and TFA, as Borrowers, the lenders party thereto, and BNP Paribas, as administrative agent, Swing Line Agent and Swing Line Lender, BNPP Securities, CGMI, MLPFS, and BTMU, as joint lead arrangers and joint book managers, Citibank and Bank of America, as swing line lenders, and Citibank, Bank of America, and BTMU, as syndication agents; $5.0 billion five year syndicated credit facility pursuant to a five year credit agreement, dated as of November 18, 2015 (the five year credit agreement and, collectively with the 364 day credit agreement and the three year credit agreement, the credit agreements), among TMCC, TMFNL, TFS(UK), TLG, TCPR, TCCI, TKG and TFA, as borrowers, the lenders party thereto, and BNP Paribas, as Administrative Agent, Swing Line Agent and Swing Line Lender, BNPP Securities, CGMI, MLPFS, and BTMU, as joint lead arrangers and joint book managers, Citibank and Bank of America, as swing line lenders, and Citibank, Bank of America and BTMU, as syndication agents. TMCC may borrow funds under the each of the credit agreements subject to customary borrowing conditions. Under the credit agreements, TMCC is subject to certain covenants customary in a transaction of this nature, including negative pledge provisions and limitations on consolidations, mergers and sales of assets. The 364 Day credit agreement has a 364 day term, during which TMCC, TMFNL, and TFS(UK) may make aggregate drawings not to exceed $5.0 billion, TCCI may make drawings not to exceed $866,800,000, TCPR may make drawings not to exceed $1,000,000,000, and TKG, TLG and TFA may each make drawings not to exceed $500,000,000. The aggregate amount of all drawings under the 364 day credit agreement may not exceed the total commitment amount of $5.0 billion. In addition, the 364 day credit agreement provides for a swingline sub-facility of up to $1,250,000,000 of which $500,000,000 will be available to TFA. The 364 day credit agreement may be used for general corporate purposes and was not drawn upon as of the date of this filing. Under the three year credit agreement, TMCC, TMFNL, and TFS(UK) may make aggregate drawings not to exceed $5.0 billion, TCCI may make drawings not to exceed $866,600,000, TCPR may make drawings not to exceed $1,000,000,000, and TKG, TLG and TFA may each make drawings not to exceed $500,000,000. The aggregate amount of all drawings under the three year credit agreement may not exceed the total commitment amount of $5.0 billion. In addition, the three year credit agreement provides for a swingline sub-facility of up to $1,250,000,000 of which $500,000,000 will be available to TFA. The three year credit agreement may be used for general corporate purposes and was not drawn upon as of the date of this filing. Under the five year credit agreement, TMCC, TMFNL, and TFS(UK) may make aggregate drawings not to exceed $5.0 billion, TCCI may make drawings not to exceed $866,600,000, TCPR may make drawings not to exceed $1,000,000,000, and TKG, TLG and TFA may each make drawings not to exceed $500,000,000. The aggregate amount of all drawings under the five year credit agreement may not exceed the total commitment amount of $5.0 billion. In addition, the five year credit agreement provides for a swingline sub-facility of up to $1,250,000,000 of which $500,000,000 will be available to TFA. The five year credit agreement may be used for general corporate purposes and was not drawn upon as of the date of this filing. Certain of the lenders participating in the credit agreements and their affiliates have in the past and may in the future engage in financing, securities, derivative, commercial banking and investment banking transactions with TMCC and its affiliates for which they will receive customary fees and expenses.

Toyota Motor Credit Corporation, Toyota Credit De Puerto Rico Corp., Toyota Motor Finance (Netherlands) B.V., Toyota Financial Services (UK) plc, Toyota Leasing Gmbh, Toyota Credit Canada Inc., Toyota Kreditbank Gmbh and Toyota Finance Australia Limited Enter 364 Day, Three Year, Five Year Credit Agreement

Toyota Motor Credit Corporation (TMCC) entered into 364-day, three year, five year syndicated credit facility Credit Agreement, dated as of November 20, 2014. $5.0 billion among TMCC, Toyota Credit de Puerto Rico Corp. (TCPR), Toyota Motor Finance (Netherlands) B.V. (TMFNL), Toyota Financial Services (UK) PLC (TFS(UK)), Toyota Leasing GMBH (TLG), Toyota Credit Canada Inc. (TCCI) Toyota Kreditbank GMBH (TKG), and Toyota Finance Australia Limited (TFA), as Borrowers, the lenders party thereto, and BNP Paribas, as Administrative Agent, Swing Line Agent and Swing Line Lender, BNP Paribas Securities Corp. (BNPP Securities), Citigroup Global Markets Inc. (CGMI), Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPFS) and The Bank of Tokyo-Mitsubishi UFJ Ltd. (BTMU), as Joint Lead Arrangers and Joint Book Managers, Citibank, N.A. (Citibank) and Bank of America, N.A. (Bank of America), as Swing Line Lenders, and Citibank, Bank of America, and BTMU, as Syndication Agents. The 364 Day, three year, five year Credit Agreement has a 364 day term, during which TMCC, TMFNL, and TFS(UK) may make aggregate drawings not to exceed $5.0 billion, TCCI may make drawings not to exceed $866,800,000, TCPR may make drawings not to exceed $1,000,000,000, TKG and TLG may each make drawings not to exceed $500,000,000, and TFA may make drawings not to exceed $500,000,000. The aggregate amount of all drawings under the 364 Day Credit Agreement may not exceed the total commitment amount of $5.0 billion. In addition, the 364 Day Credit Agreement provides for a swingline sub-facility of up to $1,250,000,000 of which $500,000,000 will be available to TFA. The 364 Day Credit Agreement may be used for general corporate purposes and was not drawn upon as of the date of this filing.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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