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 Senior Unsecured Series 2007-2 Debentures (Debentures) issued by Honda Canada Finance Inc. (HCFI). The Notes, which have an aggregate principal amount of $600 million, annual coupon of 5.675% and maturity date of September 26, 2012 will rank pari passu with all other senior unsecured obligations of HCFI.
Note:
All figures are in Canadian dollars unless otherwise noted.
DBRS's rating definitions and the terms of use of such ratings are available at www.dbrs.com.