trending Market Intelligence /marketintelligence/en/news-insights/trending/oal6ve2zarlvaxbeushmxq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Fitch upgrades ratings for Toyota Motor Credit, affiliates

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Fitch upgrades ratings for Toyota Motor Credit, affiliates

Fitch Ratings upgraded the long-term issuer default ratings for Plano, Texas-based Toyota Motor Credit Corp. and its affiliates, Toyota Motor Finance (Netherlands) BV, Toyota Credit Canada Inc., Toyota Finance Australia Ltd. and Germany-based Toyota Kreditbank GmbH, to A+ from A.

The rating agency also affirmed the five companies' F1 short-term issuer default ratings. The ratings outlook is stable.

According to Fitch, aside from the institutional support considerations, Toyota Motor Credit's "strong asset quality, historically strong profitability and a predominately unsecured funding profile" support its credit profile.

On the other hand, Fitch noted that credit constraints include the company's elevated leverage compared to stand-alone finance and leasing companies, as well as its heavy reliance on commercial paper funding.