New Issue: American Honda Finance prices $1 billion floaters due 2015 at Libor flat

By Aleesia Forni

Virginia Beach, June 4 - American Honda Finance Corp. priced $1 billion of floating-rate notes (A1/A+/) due June 4, 2015 at par to yield Libor flat, according to a market source and an FWP filed with the Securities and Exchange Commission.

The notes sold at the tight end of talk, which was set in the area of 1 basis point over Libor.

Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC, RBS Securities Inc. and SMBC Nikko Securities America Inc. were the joint bookrunners.

The U.S. arm of Honda Financial Services is based in Torrance, Calif.

Issuer:	American Honda Finance Corp.
Amount:	$1 billion
Description:	Floating-rate medium-term notes, series A
Maturity:	June 4, 2015
Agents:	Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC, RBS Securities Inc., SMBC Nikko Securities America Inc.
Coupon:	Libor plus 0 bps
Price:	Par
Yield:	Libor plus 0 bps
Trade date:	June 4
Settlement date:	June 10
Ratings:	Moody's: A1
	Standard & Poor's: A+
Price talk:	Libor plus 1 bp
Distribution:	SEC-registered

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