Extended loan terms ramp up risk in Honda ABS | Auto Finance News | Auto Finance News

Extended loan terms ramp up risk in Honda ABS

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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