By Andrea Heisinger
Omaha, March 26 - American Honda Finance Corp. priced $900 million 4.625% five-year notes Wednesday to yield Treasuries plus 210 basis points, a market source said.
The Rule 144A notes (Aa3/A+) priced at 99.588.
Bookrunners were Banc of America Securities LLC and Citigroup Global Markets Inc.
The wholesale and retail financing arm of Honda is based in Torrance, Calif.
| Issuer: | American Honda Finance Corp.
|
| Issue: | Notes
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| Amount: | $900 million
|
| Maturity: | Five years
|
| Bookrunners: | Banc of America Securities LLC, Citigroup Global Markets Inc.
|
| Coupon: | 4.625%
|
| Price: | 99.588
|
| Spread: | Treasuries plus 210 bps
|
| Distribution: | Rule 144A
|
| Trade date: | March 26
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: A+
|
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