SEOUL, Jan. 30 (Korea Bizwire) — Hyundai Capital Services Inc., South Korea’s leading auto finance company, said Tuesday it has raised US$1 billion by selling global bonds. Hyundai Capital sold $500 million worth of three-year debts in one tranche and $500 million worth of bonds in another tranche with a five-year maturity, the company said. [...]
SEOUL, Jan. 18 (Korea Bizwire) — Hyundai Capital Services Inc., South Korea’s leading auto finance company, said Tuesday it has launched a joint venture with CGI Finance, a subsidiary of France’s Societe Generale Group. Hyundai Capital France will provide auto finance, including lease, loan and insurance, for customers of Hyundai Motor Group — Hyundai Motor [...]
SEOUL, Feb. 2 (Korea Bizwire) — Hyundai Capital Services Inc., South Korea’s leading auto finance company, said Tuesday that its has issued global green bonds worth US$600 million. The five-year bonds, which were sold to overseas investors, carry an annual interest rate of 1.25 percent, or the yield on five-year U.S. Treasurys plus a spread [...]
SEOUL, June 26 (Korea Bizwire) – As the Middle East Respiratory Syndrome (MERS) virus and drought devastate the local economy, Korean companies and local government bodies are implementing various measures to boost the economy. On June 25, Hyundai Motor, the largest automaker in Korea, decided to offer a grace period of three months to those who [...]
SEOUL, Korea, Feb 28 (Korea Bizwire) – It was the night before the Lunar New Year’s Day holidays on January 28. At the main office of Hyundai Card and Hyundai Capital in Seoul’s Yoido, 30 or so information security investigators moved into the empty offices. They walked in to every office to see if any [...]