Hyundai Motor returns with another $500 million deal

Hyundai Motor issues via its US subsidiary to tap high-grade investors and attracts solid demand for the bond.

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...

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