debt
confidence high
sentiment neutral
materiality 0.40
Honda Auto Receivables 2025-3 Trust to issue $2.42B in asset-backed notes
Honda Auto Receivables 2025-3 Owner Trust
- Underwriting agreement signed with Barclays, Citigroup, MUFG, SG for $2,421,070,000 notes.
- Notes include Class A-1 (4.362%), A-2a (4.19%), A-2b (SOFR+0.35%), A-3 (4.04%), A-4 (4.10%).
- Closing date scheduled for August 12, 2025; AHFC to retain at least 5% of each class.
- Receivables comprise retail installment contracts for new/used Honda or Acura vehicles.
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