October 23, 2014 10:13 AM ET

Consumer Finance

Company Overview of American Honda Finance Corporation

Company Overview

American Honda Finance Corporation provides various forms of financing to purchasers and lessees, and authorized independent dealers of Honda and Acura products in the United States and Canada. It acquires retail installment contracts and closed-end vehicle lease contracts from dealers; and offers wholesale flooring and commercial loans to authorized dealers of Honda and Acura products. The company also acquires financings of non-Honda and non-Acura used automobiles; and provides wholesale loans to non-Honda and non-Acura dealerships. In addition, it offers incentive financing programs for retail loans and leases of Honda and Acura products; vehicle service contracts services, as well as pro...

20800 Madrona Avenue

Torrance, CA 90503

United States

Founded in 1980

1,377 Employees

Phone:

310-972-2555

Key Executives for American Honda Finance Corporation

Principal Executive Officer
Principal Financial Officer
Principal Accounting Officer
Vice President
Manager of Treasury Department
Compensation as of Fiscal Year 2014.

American Honda Finance Corporation Key Developments

American Honda Finance Corporation Presents at The 24th AFSA Credit Summit for Fixed Income Investors, May-27-2014 through May-29-2014

American Honda Finance Corporation Presents at The 24th AFSA Credit Summit for Fixed Income Investors, May-27-2014 through May-29-2014. Venue: The Ritz-Carlton, Battery Park, New York, New York, United States. Presentation Date & Speakers: May-28-2014, Jan Zimmerman, Senior Director of Finance.

American Honda Finance Corporation Announces New Credit Agreements

American Honda Finance Corporation entered into $3,500,000,000 364-day unsecured revolving credit facility pursuant to a 364 Day Credit Agreement, among AHFC, as the borrower, the lenders party thereto, and The Bank of Tokyo-Mitsubishi UFJ Ltd., as administrative agent and auction agent, JPMorgan Chase Bank, N.A., as syndication agent, Bank of America, N.A., Barclays Bank PLC, BNP Paribas and Citibank, N.A., as documentation agents and The Bank of Tokyo-Mitsubishi UFJ Ltd., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Bank PLC, BNP Paribas Securities Corp. and Citigroup Global Markets Inc., as joint lead arrangers and joint bookrunners (the “364 Day Credit Agreement”). The company also announced $3,500,000,000 five year unsecured revolving credit facility pursuant to a Five Year Credit Agreement, among AHFC, as the borrower, the lenders party thereto, and The Bank of Tokyo-Mitsubishi UFJ Ltd., as administrative agent and auction agent, JPMorgan Chase Bank, N.A., as syndication agent, Bank of America, N.A., Barclays Bank PLC, BNP Paribas and Citibank, N.A., as documentation agents and The Bank of Tokyo-Mitsubishi UFJ Ltd., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Bank PLC, BNP Paribas Securities Corp. and Citigroup Global Markets Inc., as joint lead arrangers and joint bookrunners (the “Five Year Credit Agreement” and, together with the 364 Day Credit Agreement, the “Credit Agreements”). The 364 Day Credit Agreement provides that AHFC may borrow up to $3,500,000,000 on a 364-day revolving basis and the Five Year Credit Agreement provides that AHFC may borrow up to $3,500,000,000 on a five-year revolving basis, each for general corporate purposes. Outstanding borrowings under the Credit Agreements bear interest, at AHFC’s option, based on the base rate for base rate loans or the specified LIBOR rate for Eurodollar loans plus the applicable margin. The base rate under the Credit Agreements is the higher of (i) the federal funds rate plus 0.50%, (ii) the prime rate determined by the administrative agent, or (iii) the one month LIBOR rate plus 1.00%. On the date of this filing, no amounts were drawn upon under the Credit Agreements.

American Honda Finance Corporation Presents at 23rd Credit Summit for Fixed Income Investors, May-28-2013 through May-30-2013

American Honda Finance Corporation Presents at 23rd Credit Summit for Fixed Income Investors, May-28-2013 through May-30-2013. Venue: The Westin Copley Place, 10 Huntington Avenue, Boston, MA 02116, United States. Presentation Date(s): May-29-2013.

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