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Toyota Financial Services (TFS) Issues Auto Industry’s First-Ever Asset-Backed Green Bond

TORRANCE, Calif., (March 24, 2014) – Toyota Financial Services (TFS) issued the auto industry’s first-ever Asset-Backed Green Bond in the amount of $1.75 billion. The offering was upsized from $1.25 billion to accommodate demand as institutional investors demonstrated strong interest in this inaugural clean transportation investment opportunity. The Green Bond is the newest component of TFS’ broad-ranging funding program and serves to enhance Toyota’s already extensive green commitment.


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