{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-080704","form_type":"8-K","ticker":null,"cik":"0000864270","company_name":"AMERICAN HONDA FINANCE CORP","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.082355+00:00","generated_at":"2026-06-04T06:50:24.481283+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Honda Canada Finance enters into C$2B credit facility, replacing prior agreement","bullets":["New C$2B (US$1.47B) credit agreement with C$1B one-year and C$1B five-year revolving tranches for general corporate purposes.","No amounts drawn on the facility as of March 25, 2024.","Agreement replaces a prior C$2B credit agreement that terminated on the same date; no amounts outstanding at termination.","Conditions include Honda Motor Co. maintaining at least 80% ownership of HCFI and keep-well agreement validity.","Applicable margins tied to borrower's debt ratings; ranges from 0.60% to 1.20% for CORRA loans and 0.06% to 0.24% undrawn fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-080704","json":"https://secwatch.observer/filing/0001193125-24-080704.json","markdown":"https://secwatch.observer/filing/0001193125-24-080704.md","text":"https://secwatch.observer/filing/0001193125-24-080704.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/864270/000119312524080704/0001193125-24-080704-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/864270/000119312524080704/d796711d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T06:50:24.481283+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d10f10d4e30dd75347eb658add47d4c6db0bb1eb","claim":"AMERICAN HONDA FINANCE CORP incurred credit facility of C$2,000,000,000 ($1,472,428,771) with Canadian Imperial Bank of Commerce at prime rate plus an applicable margin maturing up to C$1,000,000,000 on a one year revolving basis and up to C$1,000,000,000 on a five-year revolving basis.","evidence_excerpt":"On March 25, 2024, Honda Canada Finance Inc. (“HCFI”), a subsidiary of American Honda Finance Corporation, entered into its C$2,000,000,000 ($1,472,428,771) Third Amended and Restated Credit Agreement, among HCFI, as the borrower, the lenders party thereto, and Canadian Imperial Bank of Commerce, as administrative agent","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/864270/000119312524080704/0001193125-24-080704-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"C$2,000,000,000 ($1,472,428,771)"},{"label":"Counterparty","value":"Canadian Imperial Bank of Commerce"},{"label":"Rate","value":"prime rate plus an applicable margin"},{"label":"Maturity","value":"up to C$1,000,000,000 on a one year revolving basis and up to C$1,000,000,000 on a five-year revolving basis"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"1227eb37cec7e74d23fbb796f2485cc14c1cbdc4","claim":"AMERICAN HONDA FINANCE CORP entered into Third Amended and Restated Credit Agreement with Canadian Imperial Bank of Commerce, as administrative agent, joint bookrunner and co-lead arranger; RBC Capital Markets, as joint bookrunner and co-lead arranger; BMO Capital Markets, as joint bookrunner and co-lead arranger; The Toronto-Dominion Bank, as co-arranger and co-syndication agent; MUFG B valued at C$2,000,000,000 ($1,472,428,771) (effective 2024-03-25).","evidence_excerpt":"On March 25, 2024, Honda Canada Finance Inc. (“HCFI”), a subsidiary of American Honda Finance Corporation, entered into its C$2,000,000,000 ($1,472,428,771) Third Amended and Restated Credit Agreement, among HCFI, as the borrower, the lenders party thereto, and Canadian Imperial Bank of Commerce, as administrative agent, joint bookrunner and co-lead arranger, RBC Capital Markets, as joint bookrunner and co-lead arranger, BMO Capital Markets, as joint bookrunner and co-lead arranger, The Toronto-Dominion Bank, as co-arranger and co-syndication agent, MUFG Bank, Ltd., Canada Branch, as co-arranger and co-syndication agent, Bank of Montreal, as co-syndication agent, Royal Bank of Canada, as co-syndication agent, Mizuho Bank, Ltd., Canada Branch, as documentation agent (the “Credit Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/864270/000119312524080704/0001193125-24-080704-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Canadian Imperial Bank of Commerce, as administrative agent, joint bookrunner and co-lead arranger; RBC Capital Markets, as joint bookrunner and co-lead arranger; BMO Capital Markets, as joint bookrunner and co-lead arranger; The Toronto-Dominion Bank, as co-arranger and co-syndication agent; MUFG B"},{"label":"Value","value":"C$2,000,000,000 ($1,472,428,771)"},{"label":"Effective","value":"2024-03-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}