American Honda Finance Sells $1.75 Bln Deal In US Bond Market -Source

NEW YORK (Dow Jones)--American Honda Finance Corp., a financing arm of Honda Motor Co. (HMC, 7267.TO), sold $1.75 billion in a two-part private placement in the U.S. credit markets Tuesday, according to a person familiar with the matter.

The deal featured $1 billion of 1.45% coupon, three-year notes priced to yield 1.468%, or 103 basis points over Treasurys, and $750 million of 2.125% coupon, five-year notes priced to yield 2.126%, or 123 basis points over Treasurys. Each yield is two basis points tighter than original pricing guidance.

A banker familiar with the deal said it garnered about $4.25 billion of orders from investors, or more than two-and-a-half times the needed amount.

The notes are expected to be rated A1 by Moody's Investors Service, A-plus by Standard & Poor's, and A by Fitch Ratings.

Barclays Capital, J.P. Morgan and Royal Bank of Scotland are lead underwriters on the sale.

-By Patrick McGee, Dow Jones Newswires; 212-416-2382; patrick.mcgee@dowjones.com

Source;
http://online.wsj.com/article/BT-CO-20120221-717467.html

Honda Chopper Concept

Honda Motors unveiled an all new concept chopper earlier this week. From just looking at this concept bike, you will realize that this is not a motorcycle from this world, but from the future. Honda engineers, as always, have perfected a masterpiece. As it is a concept motorcycle, Honda Chopper electric will not go into production ever, as of now.

Honda Chopper concept electric is powered by two electric Motor fitted independently on both wheels. Don't worry, they work perfectly well together. We do not know the tech specs of this futuristic Honda bike, which according to many is a genius work of art and engineering design. This Honda electric chopper is designed by Mr Peter Norris, who we think is a big Star Wars fan.

As it is powered by electric motors, the Honda electric chopper does not pump harmful fumes into our environment, giving owners a new feel of Pride. Though a futuristic chopper, this Honda superbike will be a performance bike with a decent acceleration and topspeed. As of now we wonder, how this motorcycle would maneuver in city traffic, or for that matter take a turn, any guesses?

Source;

http://www.rushlane.com/honda-concept-chopper-electric-bike-is-really-a-motorcycle-from-the-future-photos-1225877.html