Toyota Motor Corp., a leader in the production of hybrid gas-electric vehicles, has completed the first “green” auto loan securitization.

The deal, Toyota Auto Receivables 2014-A Owner Trust, is backed by a conventional mix of auto loans. It issued $1.75 billion of notes, a large portion of which were retained by the Japanese automaker’s U.S. finance arm.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.