Filed Pursuant to Rule 433

Registration No. 333-191021

Term Sheet

December 7, 2015

Issuer:	American Honda Finance Corporation
Security:	Fixed Rate Medium-Term Notes, Series A
Issuer Senior Long-Term Debt Ratings*:	Moody’s Investors Service, Inc.: A1 (stable outlook) Standard & Poor’s Ratings Services: A+ (stable outlook)
ISIN / Common Code / CUSIP:	XS1332737862 / 133273786 / 026657 AF3
Trade Date:	December 7, 2015
Original Issue Date:	December 14, 2015
Stated Maturity Date:	October 14, 2022
Principal Amount:	£250,000,000
Benchmark Government Security:	UKT 1.75% due September 7, 2022
Benchmark Government Security Yield:	1.507% (semi-annual)
Spread to Benchmark Government Security:	+115 bps
Re-Offer Yield:	2.657% (semi-annual)
	2.675% (annual)
Price to Public:	99.698%
Commission:	0.400%
Net Proceeds to Issuer:	99.298% / £248,245,000
Interest Rate:	2.625% per annum, plus accrued interest, if any, from December 14, 2015
All-in Yield:	2.740%
Interest Payment Frequency:	Annual
Interest Payment Dates:	Each October 14, beginning October 14, 2016 (short first coupon), and at Maturity
Day Count Convention:	Actual/Actual (ICMA)
Currency of Payment:	All payments of principal of, premium, if any, and interest on, the Notes, including any payments made upon any redemption of the Notes, will be payable in Sterling, or, if the United Kingdom adopts euro as its lawful currency, in euro.
Payment of Additional Amounts	Yes, as provided in the preliminary pricing supplement dated December 7, 2015 (the “Preliminary Pricing Supplement”).
Redemption for Tax Reasons:	Yes, as provided in the Preliminary Pricing Supplement.
Optional Redemption:	Comparable Government Bond Rate +20 bps, plus unpaid interest, if any, thereon accrued to but excluding the redemption date, as provided in the Preliminary Pricing Supplement.
Listing:	Application will be made to list the Notes on the New York Stock Exchange although the Issuer cannot guarantee such listing will be obtained.
Business Day Convention:	If any Interest Payment Date, the Stated Maturity Date or earlier redemption date falls on a day that is not a Business Day, the related payment will be made on the next succeeding Business Day as if made on the date the applicable payment was due, and no interest will accrue on the amount so payable for the period from and after such Interest Payment Date, the Stated Maturity Date or such redemption date, as the case may be, to the date of such payment on the next succeeding Business Day.

Record Dates:	15th calendar day, whether or not a Business Day, preceding the related Interest Payment Date
Trustee and Paying Agent:	Deutsche Bank Trust Company Americas
Registrar and Transfer Agent:	Deutsche Bank Trust Company Americas
Business Days:	Any day, other than a Saturday or Sunday, (i) which is not a day on which banking institutions in the City of New York or London are authorized or required by law, regulation or executive order to close and (ii) in the event that any payment of principal of, and premium, if any, and interest on, the Notes is to be made in euro, on which the Trans-European Automated Real-Time Gross Settlement Express Transfer system (the TARGET system) or any successor thereto, is open.
Minimum Denominations:	£100,000 and £1,000 increments thereafter
Joint Book-Running Managers:	Barclays Bank PLC Deutsche Bank AG, London Branch
Co-Managers:	BNP Paribas Citigroup Global Markets Limited J.P. Morgan Securities plc Mitsubishi UFJ Securities International plc Société Générale

*A securities rating is not a recommendation to buy, sell or hold securities and may be subject to withdrawal at any time.

This term sheet supplements the Preliminary Pricing Supplement, the prospectus supplement dated August 10, 2015 and the related prospectus dated September 5, 2013; capitalized terms used in this term sheet, but otherwise not defined, shall have the meanings assigned to them in the Preliminary Pricing Supplement or the related prospectus supplement and prospectus.

The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read the aforementioned prospectus, prospectus supplement, the Preliminary Pricing Supplement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the web at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the aforementioned prospectus, the prospectus supplement and the applicable pricing supplement if you request it by contacting Barclays Bank PLC toll-free at 1-888-603-5847 or Deutsche Bank AG, London Branch toll-free at 1-800-503-4611 (or via email at synops@list.db.com).

Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.