TEXT-Fitch affirms Honda's IDR at 'A'; Outlook remains negative


(The following statement was released by the rating agency) July 1 - Fitch Ratings has today affirmed Honda Motor's Long-term foreign and local currency Issuer Default ratings (IDRs) at 'A', senior unsecured debt rating at 'A' and Short-term foreign and local currency IDR at 'F1'. The Outlook remains Negative. Fitch has also affirmed American Honda Finance Corporation's (AHFC) Short-term IDR and Commercial Paper rating at 'F1'. The affirmations are based on the strong business and ...

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