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Home » Extended loan terms ramp up risk in Honda ABS

Extended loan terms ramp up risk in Honda ABS

Nicole Casperson and Joey PizzolatobyNicole Casperson and Joey Pizzolato
July 20, 2020
in Capital & Funding, Risk Management
Reading Time: 2 mins read
0
honda vehicle with japan flag in background

Photographer: Toru Hanai/Bloomberg

American Honda Finance Co.’s latest transaction — its second of the year — is not insulated from the potential effects of the COVID-19 economic crisis, despite the captive’s reputation in the asset-backed securitization market for having one of the lowest loss rates among issuers, according to Moody’s Investors Service. For Honda issuances between 2013 and […]

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Tags: American Honda Finance Corp.capital marketsCoronavirusManheim used vehicle valuesMoody’s Investors ServicePremiumprime
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