• Toyota Financial Services (South Africa) announces upcoming interest payments on bonds.
• Noteholders should take note of the payment dates and ensure their accounts are prepared to receive the interest amounts.
• The debt sponsor for Toyota Financial Services is Rand Merchant Bank, a division of FirstRand Bank Limited.

Toyota Financial Services (South Africa) Limited has recently issued an important announcement regarding the upcoming interest payments on several of its bonds. Noteholders and investors are advised to take note of the following details to ensure a smooth transaction process.

Firstly, noteholders are informed about the interest payment due on June 5, 2023, for Bond code TFS156 (ISIN: ZAG000153792). The coupon rate for this bond is 8.637%, and an interest amount of ZAR 12,011,345.75 is due. The interest period for this payment spans from March 3, 2023, to June 4, 2023. The payment will be made on June 5, 2023, following the business day convention.

Subsequently, on June 13, 2023, interest payments are due for two separate bonds. Bond code TFS175 (ISIN: ZAG000194499) carries a coupon rate of 8.513%, with an interest amount of ZAR 7,316,981.81. Bond code TFS176 (ISIN: ZAG000194507) has a coupon rate of 8.683%, and an interest amount of ZAR 24,227,711.01. The interest period for these payments ranges from March 13, 2023, to June 12, 2023. Both payments will follow the business day convention.

Additionally, noteholders should take note of the interest payment due on June 20, 2023, for Bond code TFS159 (ISIN: ZAG000157702). The coupon rate for this bond is 8.683%, and the interest amount due is ZAR 11,139,932.16. The interest period covers the duration from March 20, 2023, to June 19, 2023. The payment will be made on June 20, 2023, following the business day convention.

Lastly, noteholders are informed about the interest payments due on June 27, 2023, for two separate bonds. Bond code TFS167 (ISIN: ZAG000179920) carries a coupon rate of 8.408%, with an interest amount of ZAR 6,061,131.40. Bond code TFS168 (ISIN: ZAG000179938) has a coupon rate of 8.658%, and an interest amount of ZAR 17,021,865.21. The interest period for these payments spans from March 27, 2023, to June 26, 2023. Both payments will follow the business day convention.

Toyota Financial Services has diligently scheduled these interest payments to fulfill their financial obligations to bondholders in a timely manner. These payments demonstrate the company’s commitment to maintaining financial stability and reliability in the South African market.