American Honda Finance raises €1.3 billion in dual-tranche bond offering

Published 24/06/2025, 09:08
American Honda Finance raises €1.3 billion in dual-tranche bond offering

LONDON - American Honda (NYSE:HMC) Finance Corporation has completed a €1.3 billion dual-tranche bond offering, according to a post-stabilization announcement released Tuesday by J.P. Morgan Securities PLC.

The offering consisted of a €800 million three-year tranche priced at 99.935% with a yield of 2.873%, and a €500 million six-year tranche priced at 100% with a yield of 3.5%. The securities are senior, unsecured notes registered with the SEC and will be listed on the New York Stock Exchange.

J.P. Morgan Securities PLC served as the stabilization coordinator for the transaction, while Bank of America, ANZ Securities, and Mizuho (NYSE:MFG) acted as stabilization managers. The announcement noted that no stabilization activities were undertaken in relation to the offering.

The bonds were issued without a guarantor, as stated in the post-stabilization notice.

This bond issuance represents American Honda Finance Corporation’s latest move to secure medium and longer-term funding in the European debt markets amid the current interest rate environment.

The information was disclosed in a regulatory announcement to the London Stock Exchange (LON:LSEG), where J.P. Morgan Securities PLC confirmed the completion of the post-stabilization period that began on June 23, 2025.

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