TEXT-Moody's assigns A1 rating to Honda Finance Y30 bln bond

Newswire

(The following statement was released by the rating agency) TOKYO, Nov 20 - Moody's Investors Service has assigned a long-term rating of A1 to the 30 billion yen debt issue of Honda Finance Co., Ltd. (Honda Finance). A Keepwell Agreement with Honda Motor Co ., Ltd. (Honda), also rated A1, supports the issuance. The rating outlook is stable. Under the terms of the keepwell agreement, Honda will maintain its 100% ownership of Honda Finance. Honda will further ensure that Honda Finance ...

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