Toyota Issuing New Diversity and Inclusion Bond

Toyota Financial 1 photo
Photo: Toyota
Toyota Financial Services (TFS) is issuing its second Diversity & Inclusion Bond, a key component of the company’s comprehensive funding program. The first one was released in January this year.
The Diversity & Inclusion Bond provides numerous benefits, allowing TFS to capture a more diverse investor base, increasing the depth and resiliency of its US registered bond program. The bond syndication also enables diversity firms to strengthen their relationships with clients and gives investors more access to TFS bonds.

"Citi commends Toyota for its leadership in promoting diversity and inclusion throughout the industry, which is expanding the experience of underwriters and the depth of investors,” said Peter Aherne, Head, North America Capital Markets, Syndicate and New Products at Citi. “We are proud to again collaborate with Toyota to bring diversity and inclusion bonds to the market.”
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