debt
confidence high
sentiment neutral
materiality 0.50
Honda ABS trust issues $2.42B in notes across five classes; sponsor retains 5%
Honda Auto Receivables 2025-3 Owner Trust
- Total aggregate principal amount of notes offered: $2,421,070,000 across Class A-1, A-2a, A-2b, A-3, and A-4.
- Class A-1: $621M; A-2a: $550.02M; A-2b: $289.5M; A-3: $839.52M; A-4: $121.03M.
- Sponsor American Honda Finance Corporation will initially retain at least 5% of each class of notes.
- Prospectus dated August 5, 2025 describes securitization of auto receivables pool.
item 8.01item 9.01