DBRS Assigns A (high) Rating to Honda Canada Finance Inc. New Issue

DBRS has today assigned a rating of A (high) with a Stable trend to the Series 2013-1 Senior Unsecured Debentures (the Notes) issued by Honda Canada Finance Inc. (HCFI). The Notes have an aggregate principal amount of $400 million and feature a fixed interest rate of 2.350%.

The Notes rank pari passu with all other senior unsecured obligations of HCFI.

Note:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodology is Rating Companies in the Automotive Industry, which can be found on our website under Methodologies.