Hyundai Card issues $500m uni-tranche Reg S bond

The financial arm of Hyundai Motor Group is also planning for regular bond issuances in several local currencies, including Japanese yen.

Hyundai Card, Seoul-headquartered credit card firm under Hyundai Motor Group, announced the issuance of a $500 million, US dollar-denominated Reg S bond in Asian and European markets. This marks the first time in 17 years that the firm has issued a US dollar bond.

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