8-K
filed February 24, 2026, 6:59 PM ET
CIK 0000864270
debt
confidence high
sentiment neutral
materiality 0.65
AMERICAN HONDA FINANCE CORP: debt financing — AHFC replaces credit facilities, ups aggregate commitments to $8.5B
AMERICAN HONDA FINANCE CORP
- AHFC entered three new unsecured revolving credit facilities on Feb 20, 2026: 364-day ($2.833B), 3-year ($2.833B), and 5-year ($2.833B).
- New total aggregate commitments of $8.5B replace prior $7.0B in existing agreements, an increase of $1.5B.
- No amounts were drawn under the new facilities as of the filing date; prior facilities terminated without penalty or outstanding balances.
- Facilities expire Feb 2027, Feb 2029, and Feb 2031, respectively, and include SOFR-based pricing with margins tied to AHFC credit rating.
- Obligations are unsecured; lenders include MUFG, JPMorgan, BofA, Barclays, BNP Paribas, Citibank, and Mizuho.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
AMERICAN HONDA FINANCE CORP incurred revolving credit of $2,833,333,333.33 with MUFG Bank, Ltd. at base rate or a SOFR-based rate determined by reference to either Term SOFR or Da maturing February 20, 2029.
- Instrument
- revolving credit
- Principal
- $2,833,333,333.33
- Counterparty
- MUFG Bank, Ltd.
- Rate
- base rate or a SOFR-based rate determined by reference to either Term SOFR or Da
- Maturity
- February 20, 2029
- Event
- incurrence
Exact text from the filing
BofA Securities, Inc., Citibank, N.A. and Mizuho Bank, Ltd., as joint lead arrangers and joint bookrunners, pursuant to which the lenders have committed to provide AHFC with a $2,833,333,333.34 364-day unsecured revolving credit facility that will expire on February 19, 2027, unless extended in accordance with the terms of the 364-Day Credit Agreement. • Three-Year
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
AMERICAN HONDA FINANCE CORP incurred revolving credit of $2,833,333,333.34 with MUFG Bank, Ltd. at base rate or a SOFR-based rate determined by reference to either Term SOFR or Da maturing February 19, 2027.
- Instrument
- revolving credit
- Principal
- $2,833,333,333.34
- Counterparty
- MUFG Bank, Ltd.
- Rate
- base rate or a SOFR-based rate determined by reference to either Term SOFR or Da
- Maturity
- February 19, 2027
- Event
- incurrence
Exact text from the filing
BofA Securities, Inc., Citibank, N.A. and Mizuho Bank, Ltd., as joint lead arrangers and joint bookrunners, pursuant to which the lenders have committed to provide AHFC with a $2,833,333,333.34 364-day unsecured revolving credit facility that will expire on February 19, 2027, unless extended in accordance with the terms of the 364-Day Credit Agreement. • Three-Year
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
AMERICAN HONDA FINANCE CORP incurred revolving credit of $2,833,333,333.33 with MUFG Bank, Ltd. at base rate or a SOFR-based rate determined by reference to either Term SOFR or Da maturing February 20, 2031.
- Instrument
- revolving credit
- Principal
- $2,833,333,333.33
- Counterparty
- MUFG Bank, Ltd.
- Rate
- base rate or a SOFR-based rate determined by reference to either Term SOFR or Da
- Maturity
- February 20, 2031
- Event
- incurrence
Exact text from the filing
BofA Securities, Inc., Citibank, N.A. and Mizuho Bank, Ltd., as joint lead arrangers and joint bookrunners, pursuant to which the lenders have committed to provide AHFC with a $2,833,333,333.34 364-day unsecured revolving credit facility that will expire on February 19, 2027, unless extended in accordance with the terms of the 364-Day Credit Agreement. • Three-Year
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
AMERICAN HONDA FINANCE CORP entered into Five-Year Credit Agreement with MUFG Bank, Ltd. as administrative agent and the lenders from time to time party thereto valued at $2,833,333,333.33 (effective 2026-02-20).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- MUFG Bank, Ltd. as administrative agent and the lenders from time to time party thereto
- Value
- $2,833,333,333.33
- Effective
- 2026-02-20
Exact text from the filing
• Five-Year Credit Agreement (the “Five-Year Credit Agreement” and, together with the 364-Day Credit Agreement and the Three-Year Credit Agreement, the “Credit Agreements”), among AHFC, as the borrower, the lenders from time to time party thereto, MUFG Bank, Ltd., as administrative agent and auction agent, JPMorgan Chase Bank, N.A., as syndication agent, Bank of America, N.A., Barclays Bank PLC, BNP Paribas, Citibank, N.A. and Mizuho Bank, Ltd., as documentation agents, and MUFG Bank, Ltd., JPMorgan Chase Bank, N.A., Barclays Bank PLC, BNP Paribas Securities Corp., BofA Securities, Inc., Citibank, N.A. and Mizuho Bank, Ltd., as joint lead arrangers and joint bookrunners, pursuant to which the lenders have committed to provide AHFC with a $2,833,333,333.33 five-year unsecured revolving credit facility that will expire on February 20, 2031, unless extended in accordance with the terms of the Five-Year Credit Agreement.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
AMERICAN HONDA FINANCE CORP entered into Three-Year Credit Agreement with MUFG Bank, Ltd. as administrative agent and the lenders from time to time party thereto valued at $2,833,333,333.33 (effective 2026-02-20).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- MUFG Bank, Ltd. as administrative agent and the lenders from time to time party thereto
- Value
- $2,833,333,333.33
- Effective
- 2026-02-20
Exact text from the filing
• Three-Year Credit Agreement (the “Three-Year Credit Agreement”), among AHFC, as the borrower, the lenders from time to time party thereto, MUFG Bank, Ltd., as administrative agent and auction agent, JPMorgan Chase Bank, N.A., as syndication agent, Bank of America, N.A., Barclays Bank PLC, BNP Paribas, Citibank, N.A. and Mizuho Bank, Ltd., as documentation agents, and MUFG Bank, Ltd., JPMorgan Chase Bank, N.A., Barclays Bank PLC, BNP Paribas Securities Corp., BofA Securities, Inc., Citibank, N.A. and Mizuho Bank, Ltd., as joint lead arrangers and joint bookrunners, pursuant to which the lenders have committed to provide AHFC with a $2,833,333,333.33 three-year unsecured revolving credit facility that will expire on February 20, 2029, unless extended in accordance with the terms of the Three-Year Credit Agreement.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
AMERICAN HONDA FINANCE CORP entered into 364-Day Credit Agreement with MUFG Bank, Ltd. as administrative agent and the lenders from time to time party thereto valued at $2,833,333,333.34 (effective 2026-02-20).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- MUFG Bank, Ltd. as administrative agent and the lenders from time to time party thereto
- Value
- $2,833,333,333.34
- Effective
- 2026-02-20
Exact text from the filing
On February 20, 2026, American Honda Finance Corporation (“AHFC”) entered into the following credit agreements: • 364-Day Credit Agreement (the “364-Day Credit Agreement”), among AHFC, as the borrower, the lenders from time to time party thereto, MUFG Bank, Ltd., as administrative agent and auction agent, JPMorgan Chase Bank, N.A., as syndication agent, Bank of America, N.A., Barclays Bank PLC, BNP Paribas, Citibank, N.A. and Mizuho Bank, Ltd., as documentation agents, and MUFG Bank, Ltd., JPMorgan Chase Bank, N.A., Barclays Bank PLC, BNP Paribas Securities Corp., BofA Securities, Inc., Citibank, N.A. and Mizuho Bank, Ltd., as joint lead arrangers and joint bookrunners, pursuant to which the lenders have committed to provide AHFC with a $2,833,333,333.34 364-day unsecured revolving credit facility that will expire on February 19, 2027, unless extended in accordance with the terms of the 364-Day Credit Agreement.
View on SEC.gov
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