New bond issue: Hyundai Capital sells USD 500m in 2017 bonds with 3.50% coupon
Hyundai Capital (Korea) on March 6, 2012 placed USD 500m in bonds with a 3.50% coupon, maturing in 2017. The bond was priced at 99.6290% to yield 3.575%. Bank of America Merrill Lynch, BNP Paribas, Citigroup, JP Morgan arranged the deal.
inShare
Issuer, issue number: Hyundai Capital, 2017
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: USD, 200000
Amount: 500 000 000
ISIN: US44920UAD00
End of placement: Mar 06 2012
Issue price: 99.629
Yield at Pricing: 3.575%
Coupon: 3.50%
Coupon frequency: 2 time(s) per year
Settlement Date: Mar 13 2012
Maturity date: Sep 13 2017
Issue Managers: Bank of America Merrill Lynch, BNP Paribas, Citigroup, JP Morgan
Issuer profile:
Hyundai Capital Services is South Korea's No. 1 consumer finance company providing a wide range of auto financing, auto leasing service, personal loans and home mortgages solutions. Hyundai Capital is a joint venture between Hyundai Motor Company (57%) and GE Capital (43%). Established in 1993, Hyundai Capital is also the first auto financing provider in Korea, enjoying an unrivalled market share in both new and used cars since its inception. The Company is also a major player in the auto lease market. The Company is advancing into overseas markets such as China, Europe and the U.S. Its innovative corporate culture is benchmarked by various Korean companies and government agencies, including Seoul Metropolitan Government and Korea’s National Tax Service.
Outstanding issues:
4 issue(s) outstanding worth USD 2 200 000 000
5 issue(s) outstanding worth CHF 850 000 000
2 issue(s) outstanding worth JPY 30 000 000 000