Friday, March 3, 2017

Hyundai Capital, $ 600 million global bond issue successful



[Korea financial newspaper reporter before lower cervical Hyundai Capital has succeeded in $ 600 million global bond issuance.

Hyundai Capital said that three days expire 5 years, 6 Issued billion (worth about 680 billion won) the level of global bond issuance this year, the first global bond rules.

Issued interest rate level plus a five-year US Treasury yields 125bp, less than the initial guidance of 20bp.

The global bond issue was involved, the large US asset management companies are the US, Europe and Asia, a non-share also exceeded 70%. Regional share of the US 55%, Asia 28%, Europe accounted for 17%.

Hyundai Capital said, "This year, especially when you're focused overseas debt repayment schedule of Korea agencies exert flexibility in issuing timing critical," he said, "Given this result quickly issued without pre-roadshow secure the interests of US and European investors proactively that it is meaningful, "he had said.

Hyundai Capital has broadened the investor base out to the world in 2005, including the first domestic private enterprises were issued Samurai bonds, euro bonds, ringgit bonds, global bonds, Swiss bonds. In March, it has also issued a special purpose bonds in the bond drawn using the company's first domestic private funds for green projects.



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