WASHINGTON, Sept. 27, 2013 (GLOBE NEWSWIRE) -- The United States Hispanic Chamber of Commerce (USHCC) applauds Toyota Financial Services (TFS) for its latest Diversity & Inclusion Bond, which included USHCC Hispanic Business Enterprise (HBE) member Cabrera Capital Markets as one of its lead runners.
This second issuance built off the program's previous success -- unveiled in January 2013 -- and further supported TFS' corporate diversity initiatives. TFS has pledged to continue this program in efforts to send a strong message to other firms about Toyota's unwavering commitment to diversity and inclusion. Other minority-owned firms that served as lead runners for this transaction included CastleOak Securities; Drexel Hamilton; Muriel Siebert & CO.; and Toussaint Capital Partners.
"The USHCC is proud of Toyota's unparalleled leadership on corporate diversity and inclusion. TFS' Diversity & Inclusion Bond is a game changer, which proves, once again, that diversifying your supply chain is a sound and profitable business practice," said USHCC President & CEO Javier Palomarez. "Cabrera Capital Markets is a longstanding partner of the USHCC, and their stellar track record of successful management of multimillion dollar transactions for top-tier clients makes this firm a natural choice as one of Toyota's leading partners for TFS' latest endeavor."
Since its launch, the Diversity and Inclusion Bond has allowed TFS to diversify its investor base, and provided the opportunity for minority-owned firms to strengthen strategic client relationships and increased participation in high-profile deals. TFS has worked with other Hispanic-owned firms in the past, including Ramirez & Co., who has served as a lead runner for past transactions.
"We want to thank Toyota Motors for allowing Cabrera Capital to participate as a Joint Lead Book runner on their recent $350 million bond issue. Toyota has always been committed to diversity and inclusion and has been a great partner of the U.S. Hispanic Chamber of Commerce. It has been a great experience working with Toyota's team and look forward to continuing working with them in the future," said Martin Cabrera, CEO of Cabrera Capital Markets.
"Any corporation that wants to remain competitive must adjust its business models to cater to the economy of the new America," said USHCC Chairman of the Board Marc Rodriguez. "Like Toyota, more and more leading firms understand that profitability lies in empowering the nation's largest emerging business segment – Hispanic owned businesses. We are proud Toyota and Cabrera Capital Markets will collaborate on this transaction and look forward to reporting on its successful outcome."
For more information on Toyota's commitment to diversity and inclusion, visit www.toyota.com/diversity
About the USHCC
Founded in 1979, the USHCC actively promotes the economic growth and development of Hispanic entrepreneurs and represents the interests of over 3.2 million Hispanic owned businesses across the United States that contribute in excess of $465 billion to the American economy each year. It also serves as the umbrella organization for more than 200 local Hispanic chambers and business associations in the United States and Puerto Rico. For more information, visit www.USHCC.com
About Cabrera Capital Markets
Cabrera Capital Markets, LLC is an investment bank and full-service institutional brokerage firm headquartered in Chicago. Cabrera provides a range of services worldwide to a substantial and diversified client base that includes financial institutions, unions, governments, corporations, private equity, hedge funds, and foundations/endowments. At the core of our business is our commitment to our clients. Cabrera consistently strives to anticipate our clients' rapidly changing needs and to implement innovative yet practical business solutions. Founded in 2001, Cabrera Capital Markets is one of the premier financial services firms in the country.
About Toyota Financial Services
TFS is the finance and insurance brand for Toyota in the United States, offering retail auto financing and leasing, as well as commercial equipment, truck, and fleet financing, through Toyota Motor Credit Corporation (TMCC) and Toyota Lease Trust. TFS also offers extended service contracts through Toyota Motor Insurance Services (TMIS). Lexus Financial Services is the brand for financial products for Lexus dealers and customers. TFS currently employs more than 3,200 associates nationwide, and has assets totaling over $95 billion. It is part of a worldwide network of comprehensive financial services offered by Toyota Financial Services Corporation, a wholly-owned subsidiary of Toyota Motor Corporation. We announce material financial information using the investor relations section of our website (www.toyotafinancial.com) and SEC filings. We use these channels, press releases, and social media to communicate about our company, our services and other issues. While not all information we post on social media is of a material nature, some information could be material. Therefore, we encourage those interested in our company to review our posts on Twitter at www.twitter.com/toyotafinancial.
CONTACT: Valentina Pereda USHCC Director of Communications 202-489-2932Source:United States Hispanic Chamber of Commerce