Hyundai Motor has emerged as one of the more sophisticated and frequent borrowers in the global market place. And last week’s sale of $500 million of five-and-a-half-year 144AReg-S bonds added another tick to its tally.
This is the second time this year Hyundai has come to the dollar market after it priced a $500 million five-year security back in April. And with an April 6, 2016 maturity date, the new notes will mature almost...