American Honda Finance Sells $1.75 Bln Deal In US Bond Market -Source

NEW YORK (Dow Jones)--American Honda Finance Corp., a financing arm of Honda Motor Co. (HMC, 7267.TO), sold $1.75 billion in a two-part private placement in the U.S. credit markets Tuesday, according to a person familiar with the matter.

The deal featured $1 billion of 1.45% coupon, three-year notes priced to yield 1.468%, or 103 basis points over Treasurys, and $750 million of 2.125% coupon, five-year notes priced to yield 2.126%, or 123 basis points over Treasurys. Each yield is two basis points tighter than original pricing guidance.

A banker familiar with the deal said it garnered about $4.25 billion of orders from investors, or more than two-and-a-half times the needed amount.

The notes are expected to be rated A1 by Moody's Investors Service, A-plus by Standard & Poor's, and A by Fitch Ratings.

Barclays Capital, J.P. Morgan and Royal Bank of Scotland are lead underwriters on the sale.

-By Patrick McGee, Dow Jones Newswires; 212-416-2382; patrick.mcgee@dowjones.com

Source;
http://online.wsj.com/article/BT-CO-20120221-717467.html

Dedicated Acura Financial Services Launched

TORRANCE, Calif. - 04/23/2009
American Honda Finance Corp. (AHFC) this week launched Acura-branded financial services to better satisfy the needs of Acura dealers and customers. The creation of Acura Financial Services (AFS) marks a major milestone in Acura history. This is just the first step of a multifaceted effort to further enhance customer service and raise the brand image for Acura, the luxury nameplate that pioneered the launch of Japanese luxury automobiles in the U.S.

"With our most recent ranking in the top two, three and four positions in the luxury lease segment of the 2008 J.D. Power and Associates Consumer Financing Satisfaction Study, the timing is perfect to utilize our years of experience and expertise to create financial services that will meet the needs of Acura clients," said Stephen E. Smith, senior vice president of AHFC. "The creation of separate Acura-branded financial services parallels other moves to strengthen and differentiate the Acura luxury brand."

About American Honda Finance Corporation
American Honda Finance Corporation, a wholly-owned subsidiary of American Honda Motor Co., Inc., is the captive finance provider of consumer financial products for Honda and Acura automobiles, sport utility vehicles, trucks, minivans, Honda motorcycles, Honda power equipment, and Honda marine products. In addition, AHFC also provides Honda and Acura dealerships with vehicle floorplan programs, real estate, construction and capital loans, revolving lines of credit and inventory insurance.

About Acura
Acura offers a full line of technologically advanced performance luxury vehicles through a network of 270 dealers within the United States. The Acura lineup features five distinctive models including the RL luxury performance sedan, the TL performance luxury sedan, the TSX sports sedan, the turbocharged RDX luxury crossover SUV and the award-winning MDX luxury sport utility vehicle. Acura also recently unveiled a prototype of the ZDX, an all-new luxury four-door sports coupe, at the New York International Auto Show that will go on sale this fall.

Source;
http://www.hondanews.com/categories/793/releases/4995