Hyundai Capital unwraps ABS for Asian investors

StanChart sells second deal in under a year for Korean car-makers'' finance arm.
June 16, 2004

Investors have snapped up Hyundai Capital's $300 million auto-loan securitization. The company is a subsidiary of Hyundai Motors and the first in Korea to sell a deal of this kind without the need for a monoline insurer.

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