Honda Canada Finance sells C$400 mln 5-year notes - term sheet

Tue May 28, 2013 12:31pm EDT
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May 28 (Reuters) - Honda Canada Finance Inc on Tuesday sold C$400 million ($385 million) of five-year notes due June 4, 2018, according to a term sheet seen by Reuters.

The 2.35 percent notes were priced at par to yield 88.4 basis points over the Canadian government benchmark, according to the term sheet.

Th joint book-running managers on the sale were the investment dealer arms of Bank of Montreal and Toronto-Dominion Bank.