Hyundai Capital sells tightly-priced $600m bond

Despite uncertainty ahead of a key Trump speech and aggressive pricing, the five-year deal gets strong demand — and soon trades up in the secondary market.

Ray Chan

February 28, 2017

Hyundai Capital Services, the financing unit of Korea’s largest auto maker, sold $600 million of five-year bonds early on Tuesday, ahead of US President Donald Trump’s congressional speech on economic policies.

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Debt
North Asia

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#investment grade
#korea