Hyundai Capital prices $700 million bond inside secondary curve

Hyundai Capital Services successfully closes its $700 million bond at a tight yield amid strong participation by US investors.

Hyundai Capital Services has kicked off Korean issuance this year with a well-received $700 million 5.5-year bond which closed early Friday morning. Notably, the new Reg-S/144A bonds priced inside the auto financing company’s secondary market yield curve.

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