By Andrea Heisinger
New York, April 12 - American Honda Finance Corp. priced $150 million of one-year senior unsecured floating-rate notes late Monday at par to yield one-month Libor plus 3 basis points, a market source said.
The Rule 144A notes are non-callable and have interest paid monthly.
Deutsche Bank Securities Inc. was the bookrunner.
The U.S. leasing and financing arm for Honda Financial Services is based in Torrance, Calif.
| Issuer: | American Honda Finance Corp.
|
| Issue: | Floating-rate senior unsecured notes
|
| Amount: | $150 million
|
| Maturity: | April 15, 2011
|
| Bookrunner: | Deutsche Bank Securities Inc.
|
| Coupon: | One-month Libor plus 3 bps, paid monthly
|
| Price: | Par
|
| Yield: | One-month Libor plus 3 bps
|
| Call: | Non-callable
|
| Trade date: | April 12
|
| Settlement date: | April 15
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
