TEXT-Moody's assign A2 rating to Honda Finance debt issue

Newswire

(Press release provided by Moody's Investors Service) TOKYO, Nov 28 - Moody's Investors Service on Thursday assigned a long-term rating of A2 to the 50 billion yen ($408.6 million) debt issue of Honda Finance Co Ltd (Honda Finance). A Keepwell Agreement with Honda Motor Co Ltd (Honda) , also rated A2, supports the issuance. Under the terms of the agreement, Honda will maintain its 100 percent ownership of Honda Finance. Honda will further ensure that Honda Finance retains a tangible ...

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