NEW ISSUE ANNOUNCEDBOND COMPLEXITY : MODERATE
TOYOTS 15Sep2031 Corp (USD)
Toyota Tsusho America Inc.
Price Guidance
CT5+ 95 bps area (Est. 5.500%)
Tenure
5 Years
Min. Investment (Nominal)
USD 200,000
Credit Rating (Bond)
N.R
No Rating
Investor Profile
Stable Income Seeker
Bond Information
Bond Issuer
Toyota Tsusho America Inc.
Guarantor
Toyota Tsusho Corporation
Annual Coupon Frequency
Semi Annually
Issue Date
14 Sep 2026
Maturity Date
14 Sep 2031
Years To Maturity
5.020
Coupon Type
Fixed
Issue Size
USD Benchmark
Seniority
Senior Unsecured
Exchange Listed
bond.exchange.listed.sgx
Reference Rate
-
Bond Currency
USD
Minimum Investment Quantity (Nominal)
USD 200,000
Incremental Quantity (Nominal)
USD 1,000
Bond Registration
Wholesale
Bond Type
Corporate
Bond Sector
Consumer Discretionary
Bond Sub Sector
Distributors
Issuer Credit Rating (S&P/ Fitch)
*** / N.R
Bond Credit Rating (S&P/ Fitch)
*** / N.R
Shariah Compliant
No
W-8BEN Declaration needed 
No
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Note

For Institutional investor (as defined in Section 4A of the Securities and Futures Act 2001 of Singapore (the “SFA”)) pursuant to Section 274 of the SFA or an accredited investor (as defined in Section 4A of the SFA) pursuant to and in accordance with the conditions specified in Section 275 of the SFA and (where applicable) Regulation 3 of the Securities and Futures (Classes of Investors) Regulations 2018.

Bond Feature(s)
The Issuer has the option to redeem the Bonds in whole, but not in part, at any time prior to [TBD] August 2031 (being the date falling one month prior to the Maturity Date) (the “Par Call Date”), upon giving not less than 30 days nor more than 60 days’ prior notice of redemption to the Bondholders (which notice shall be irrevocable), at a redemption price equal to the greater of:

(i) 100 per cent. of the principal amount of the Bonds being redeemed; or
(ii) the sum of the present values of the principal and the remaining scheduled payments of interest on the Bonds being redeemed (exclusive of interest accrued to the date of redemption) that would be due if the Bonds were redeemed on the Par Call Date, discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of 12 months of 30 days each) at the Treasury Rate plus [TBD] basis points, plus, in each case, accrued and unpaid interest on the principal amount of the Bonds being redeemed to, but excluding, the date of redemption. For the avoidance of doubt, no Agent shall be required or obligated to perform any calculations in respect of the Treasury Rate and/or the redemption price.

Make-whole call
The Issuer has the option to redeem the Bonds in whole, but not in part, at any time on or after the Par Call Date, upon giving not less than 30 days nor more than 60 days’ prior notice of redemption to the Bondholders (which notice shall be irrevocable), at their principal amount plus accrued and unpaid interest on the principal amount of the Bonds being redeemed to, but excluding, the date of redemption.

1-month par call
Related Documents
pdfIcon
Preliminary Offering Circular
U.S.$[TBD} [TBD] per cent. Guaranteed Bonds due 2031.Preliminary Offering Circular Dated 1 September 2026.
FSM's Fees
For more information, please refer to the Pricing Structure
For each Buy & Sell Order (Retail^, Wholesale, Bond Express)
Processing Fee
0.35% / Min. SGD 10*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
9% (GST is applicable to Singaporean residents on FSM’s fee)
Order Processing Time
Buy Wholesale Bonds / SGS Bonds / Retail (All payment type)
Generally T+2 business days upon payment clearance
Sell Wholesale Bonds / SGS Bonds / Retail Bonds
Generally T+2 business days (Redemption proceeds will be credited on next day)
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Remark

  1. *Processing fee is subjected to a minimum of SGD 10 (or in its equivalent currency).
  2. ^ For the purchase of the Retail Bonds, FSM Global will be absorbing SGX related Charges, till further notice.
  3. T = Transaction Date
    The Order processing time refers to the order completion and reflected in your account.
    ^The Purchase date will be based on T date

Platform Charge
  1. For the purpose of benefiting from lower rates based on higher investment holding tiers, the effective platform fee rate is based on the total combined holdings of all FSM accounts under main account holder (including beneficiary accounts), while Stock / ETF / Cash Account holdings are excluded from the combined holdings amount.
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Note
  1. All fees and commission quoted are exclusive of Goods and Services Tax (GST).
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.
  3. All orders submitted will be an indication of interest (IOI).

Closing Date: 08 Sep 2026 9:30:00 AM
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